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The S&P 500 lost 0.04% in March. This was the first monthly decline since October, just missing the first five month win streak since March-July 2016. It was still a great first quarter as the S&P 500 jumped 5.5%; the best return since Q4 2015 and the best Q1 since 2013. For the quarter, technology and consumer discretionary led, while telecom and energy lagged. (LPL Research)

Over the past 20 years, no month sports a higher monthly S&P 500 average than April at 2.0%. Going back to 1950, the average monthly return is 1.5%, with only the historically strong months of November and December better. There are multiple potential market-moving events in April: the start of Q1 earnings season, elections in France, and a potential government shutdown. But for the long-term retail investor this will be nothing more than white noise. (LPL Research)

The manufacturing sector expanded in March for the 94th consecutive month. The index hit 57.2, a decrease from the February reading of 57.7. Of the 18 manufacturing industries included in the survey, 17 reported growth. (Institute for Supply Management)

February construction spending increased 0.8%. Its highest level since April 2006. (Commerce Department)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.
 

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Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.