Welcome to the DC Today, your daily market synopsis of the Dividing Cafe, brought to you every Monday through Thursday to bring you up-to-date information and perspective on financial markets.

Well, hello and welcome to another edition of the DC Today starting off the second quarter of 2024 today on April 1st, no April Fool's Day jokes

or anything like that. We're just right into the market. I do hope everyone had a wonderful

Easter weekend and I'm very excited to be into Q2 now.

It was a heck of a ride in Q1.

Clients are going to be receiving a lot of information from us on Wednesday this week,

recapping the first quarter.

And there's a handful of things I'm going to say here today about the broad market and where we are with Q1. So we'll get into it. I think today's

going to be a little more market heavy, but we'll, of course, as we do every Monday go all the

way around the horn. Last night, and I always take futures on holiday weekends with the grain

of salt. The market had been closed on Friday,

but futures opened up up about 75 points.

And then early this morning, they were pointing up 100.

And then by the time the market opened,

it was pretty much dead flat.

And it only took about an hour for the market

to be down 250 points today.

And it kind of got down there and then stayed there after about an hour and a half, pretty

much flat for the rest of the day and closed down 240 points, which was only 0.6% on the

Dow.

S&P was down 0.2%.

The NASDAQ was actually up just a tiny little bit.

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