Stocks Closed Marginally Lower

U.S. stocks closed mostly lower on Thursday in a relatively muted ending to a turbulent quarter, as market sentiment stabilized on a moredovish Federal Reserve. The Dow Jones Industrial Average shed 31.57 points, or 0.18%, to 17,685.09 for the day and gained 7.1% for themonth. The S&P 500 fell 4.21 points, or 0.20%, to 2,059.74 for the session and rallied 6.6% in March. The Nasdaq closed up 0.55 point,or 0.01%, to 4,869.85 on Thursday for a monthly rise of 6.8%. For the quarter, the S&P 500 added 0.7% and the Dow advanced 1.5% while the Nasdaq dropped 2.8%.

Amazon this morning announced an expansion of its Dash Buttons product line – those Wi-Fi connected, push-button devices that let you buy products from its site with just a press. Amazon says it now has over 100 buttons available, and orders have increased by more than 75 percent in the last three months.

Lender GE Capital asked the U.S. government on Thursday to stop designating it as “too big to fail,” saying it had shrunk to the point where it would not pose a major threat to the nation’s financial stability if it experiences distress.

McDonald’s Corp plans to add more than 1,000 restaurants in China over the next five years, which would make it the company’s second-largest market after the United States.

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