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Nasdaq, S&P 500 Fade Off Highs After Bullish Start; KBH, FLYW, MKTX In Focus

Nasdaq, S&P 500 Fade Off Highs After Bullish Start; KBH, FLYW, MKTX In Focus

Investors were rattled in part by another sell-off in financial stocks.

Stock Market Today With IBD

March 23, 202315m 54s

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Show Notes

The Nasdaq composite surged 2.5% intraday but closed near lows after rallying close to the 12,000 level again. The S&P 500 also pared gains and took out Wednesday’s low after another attempt to reclaim the 4000 level. KB Home jumped after reporting earnings, Flywire fell in light volume for the second straight session while MarketAxess halted a three-session slide.

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