Lyft Stock Gains 9% After IPO: Stock Market Analysis

Economic Fundamentals Lift Major U.S. Indexes

Brian Mackey, deputy director of research at Adviser Investments, has the market analysis for Friday, March 29. Major U.S. stock indexes advanced, with the Dow Jones Industrial Average and NASDAQ up 0.8% and the S&P 500 gaining 0.7% . With a lack of headline domestic or geopolitical news, investors focused on solid economic fundamentals. Next week brings a full slate of meaningful data and reports: Retail sales, construction spending, manufacturing and service sector gauges, durable goods orders and car sales, jobs reports, average hourly earnings and consumer credit.

 

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