S&P 500 Weekly Update Mar 23-27: SPY Falls 3.1% as Tech Drops, Energy Gains

Weekly S&P 500 update (Mar 23–27)

$SPY closed the week down -3.1%

Key movers, sorted by performance:

🔻 $META #MetaPlatforms -11.3%

🔻 $GOOGL #Alphabet -8.7%

🔻 $ORCL #Oracle -6.5%

🔻 $MSFT #Microsoft -6.3%

🔻 $AVGO #Broadcom -2.9%

🔻 $NVDA #NVIDIA -2.8%

🔻 $AMZN #Amazon -2.7%

🔻 $TSLA #Tesla -1.5%

🔺 $XOM #ExxonMobil +7.2%

🔺 $CVX #Chevron +4.8%

🔺 $WMT #Walmart +3.4%

🔺 $ABBV #AbbVie +2.6%

🔺 $JNJ #JohnsonAndJohnson +2.2%

🔺 $AAPL #Apple +0.6%

Takeaways:

• Technology and communication services led the downside

• Energy and defensive sectors provided relative strength

• Market breadth remains weak, with large-cap tech under pressure

Positioning remains critical in this environment. Rotation, not broad growth, is driving returns.

#SP500 #Investing #StockMarket #PortfolioManagement #Macro #Equities

Weekly S&P 500 update (Mar 23–27)