Market Recap for Thursday, March 17, 2016
All of our major indices continued their five week advance with one notable exception – the NASDAQ 100 ($NDX), which fell slightly despite strong gains elsewhere. In particular, healthcare stocks (XLV) were weak with the XLV the only sector in negative territory, falling 1.16%. All five industry groups were down in healthcare, with the health care providers space the weakest of all, tumbling 1.45% on the session. All is not lost, however, as you can see from the chart below: