Monday's Markets Update (March 27, 2023)

28 Mar 2023 by rate3

On Monday, the Dallas Fed's general business activity index for manufacturing in March fell to -15.7 (the forecast was -10) from -13.5 in February. This marked the second straight month of signaling that broader business conditions continued to worsen in Texas. However, this didn't provide any new incentives to bears, and the markets traded within their Friday ranges: NASDAQ (o: 11868, c: 11768), BTC (o: 27749, c: 26968).