Week ending March 17: Banks' record earnings propel markets into the green.
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Positive news across the board propped up the markets as the Morningstar US Market Index posted a gain of 2.15% for the week ending March 17. Markets rallied after large investment banks Goldman Sachs
The Morningstar style box ended the week on St. Patrick's Day in a sea of green. Gains among the composite style indexes were relatively even across the board. The Morningstar US Core Index edged up 2.22%, boosted by merger and acquisition announcements. Aztar
The Morningstar US Value Index was not far behind on the Morningstar Market Barometer, rising 2.21%. Many oil
stocks gained ground, benefiting from the rise in oil prices last week. ExxonMobil
The Morningstar US Growth Index climbed 2.02%, partially because of favorable performances by tech stocks. Oracle
For a more in-depth look into market performance, view the PDF report U.S. Market Overview.