1st Quarter 2023 Market Review: Tech shines, Financials falter, as Fed hikes rattle banks
Despite nagging inflation and the Fed’s monetary tightening efforts, stocks performed well in the first quarter both in the U.S. and globally – led by a tech rally. Bring yourself up to date on all the key economic and market developments in the 1st Quarter 2023 Market Review.
After a steep 28.19% drop in 2022, the Information Technology sector of the S&P 500 was up 21.82% in the 1st quarter, as investors migrated to stocks they...