Week ending March 31: Losses mostly contained to large-cap stocks.
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The Morningstar US Market Index slid 0.21% for the week ending March 31, as the Fed raised the interest rates by another quarter point and warned there may be more hikes to come.
Although the market was down overall, the losses were largely contained to large-cap stocks, and the Morningstar Large Cap Index dropped 0.62%. Leading the pack was the Morningstar Large Value Index, which declined 1.23% for the week. Pfizer
Small-caps stocks continued their spectacular run, adding another 1.34% for the week and ending the first quarter with a healthy gain of 13%. The Morningstar Small Core and Small Growth indexes posted gains of 1.43%. The Manitowoc
The merger announcement between Lucent Technologies
For a more in-depth look into market performance, view the PDF report U.S. Market Overview.