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Dow Posts Biggest Quarterly Comeback Since 1933

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After tumultuous trading in early 2016, two of the three major U.S. averages clawed back to finish the first quarter in the green.

At one point in the quarter, the major indexes plunged more than 11 percent from the start of the year. They rebounded, though, and enjoyed particularly strong runs in March.

The Dow Jones industrial average saw its biggest quarterly comeback since 1933.

The S&P 500 and the Dow both rose for the second-straight quarter, finishing 0.8 and 1.5 percent higher, respectively. The S&P enjoyed gains of 6.6 percent in March, while the Dow climbed 7.1 percent for the month.

CNBC

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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