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https://www.wsj.com/articles/whats-news-business-finance-feebd940

What’s News: Business & Finance

Updated April 1, 2023

Stocks showed resilience in the first quarter despite being rocked by shock waves that few anticipated. The Nasdaq, S&P 500 and Dow posted quarterly gains of 17%, 7% and 0.4%, respectively. Meanwhile, prices of Treasurys climbed.

Consumer spending in the U.S. rose more modestly in February after a sharp jump at the start of the year, while inflation cooled but remained elevated.

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