March S&P finished up 54.8 at 2300.1, -50.8 off the high and 60.6 up from the low. March S&P E-Mini closed down 0.25 at 2245. This was 5.5 up from the low and 5 off the high.
The equity markets ranged down again and reached down to the lowest levels since December 9th in a move that many suggest signals the end of the "Santa Claus" rally. Cushioning the market against the downside today were gains in healthcare sector issues; however, weakness in bank stocks ended up controlling the trend of the day. Significant declines in Nvidia shares pulled the NASDAQ down as well as applying spillover pressure to the S&P.