That is likely the most important feature of the markets at this juncture, with stocks getting squeezed as bonds have apparently accepted the rate hike as a fait accompli and have stabilized, with the 10-year-note settling in the range of a 2.85% yield.
Taking the worst of it was the Dow Jones Industrial Average, which suffered another setback for the week and remains lower for the month. If the down finishes March in the red, it would be the first occurrence of two straight losing months since December 2015 and January 2016.
Dow Jones Industrial Average March Scorecard:
| Date | Close | Gain/Loss | Cum. G/L |
| 3/1/18 | 24,608.98 | -420.22 | -420.22 |
| 3/2/18 | 24,538.06 | -70.92 | -491.14 |
| 3/5/18 | 24,874.76 | +336.70 | -154.44 |
| 3/6/18 | 24,884.12 | +9.36 | -145.08 |
| 3/7/18 | 24,801.36 | -82.76 | -227.84 |
| 3/8/18 | 24,895.21 | +93.85 | -133.99 |
| 3/9/18 | 25,335.74 | +440.53 | +306.54 |
| 3/12/18 | 25,178.61 | -157.13 | +149.41 |
| 3/13/18 | 25,007.03 | -171.58 | -22.17 |
| 3/14/18 | 24,758.12 | -248.91 | -271.08 |
| 3/15/18 | 24,873.66 | +115.54 | -155.54 |
| 3/16/18 | 24,946.51 | +72.85 | -82.69 |
At the Close, Friday, March 16, 2018:
Dow Jones Industrial Average: 24,946.51, +72.85 (+0.29%)
NASDAQ: 7,481.99, +0.25 (0.00%)
S&P 500: 2,752.01, +4.68 (+0.17%)
NYSE Composite: 12,784.39, +40.78 (+0.32%)
For the Week:
Dow: -389.23 (-1.54%)
NASDAQ: -78.82 (-1.04%)
S&P 500: -34.56 (-1.24%)
NYSE Composite: -134.43 (-1.04%)
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