Canada markets closed
  • S&P/TSX

    19,472.74
    +181.76 (+0.94%)
     
  • S&P 500

    4,232.60
    +30.98 (+0.74%)
     
  • DOW

    34,777.76
    +229.23 (+0.66%)
     
  • CAD/USD

    0.8239
    +0.0012 (+0.15%)
     
  • CRUDE OIL

    64.82
    +0.11 (+0.17%)
     
  • BTC-CAD

    70,470.27
    +2,578.84 (+3.80%)
     
  • CMC Crypto 200

    1,480.07
    +44.28 (+3.08%)
     
  • GOLD FUTURES

    1,832.00
    +16.30 (+0.90%)
     
  • RUSSELL 2000

    2,271.63
    +30.21 (+1.35%)
     
  • 10-Yr Bond

    1.5770
    +0.0160 (+1.02%)
     
  • NASDAQ

    13,752.24
    +119.39 (+0.88%)
     
  • VOLATILITY

    16.69
    -1.70 (-9.24%)
     
  • FTSE

    7,129.71
    +53.54 (+0.76%)
     
  • NIKKEI 225

    29,357.82
    +26.45 (+0.09%)
     
  • CAD/EUR

    0.6770
    -0.0047 (-0.69%)
     

Market Recap: Monday, March 29

Wall Street ended a volatile session on a mixed note, with the broader market lagging but blue-chip stocks edging to a new record, as the sudden unwinding of a hedge fund ricocheted across markets. On Friday, the S&P 500, Dow and Nasdaq closed higher by more than 1%, with the broader market posting its best in three weeks. However, traders were watching several big stocks like Viacom and Discovery, after a volatile session on Friday saw several names take a hit linked to liquidation by Bill Hwang, a fund manager and the ex-head of Tiger Management's family office. Kopernik Global Investors Alissa Corcoran and Comerica Bank Chief Economist Robert Dye joined Yahoo Finance Live to break down the details.