STOCK MARKET WATCH -- Thursday, 30 March 2023
STOCK MARKET WATCH, Thursday, 30 March 2023
Previous SMW:
SMW for 29 March 2023
AT THE CLOSING BELL ON 29 March 2023
Dow Jones 32,717.60 +323.35 (1.00%)
S&P 500 4,027.81 +56.54 (1.42%)
Nasdaq 11,926.24 +210.16 (1.79%)
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Currencies:
Gold & Silver:
Petroleum:
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Quote for the Day:
There cannot then be accumulated in a country any amount of capital which cannot be employed productively, until wages rise so high in consequence of the rise of necessaries, and so little consequently remains for the profits of stock, that the motive for accumulation ceases. While the profits of stock are high, men will have a motive to accumulate. Whilst a man has any wished-for gratification unsupplied he will have a demand for more commodities; and it will be an effectual demand while he has any new value to offer in exchange for them.
David Ricardo, Esq. On The Principles of Political Economy, and Taxation. John Murray, publisher. 1817.
This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.
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