If there is one phrase to sum up the U.S. stock market in March and the first quarter, it is "banks on fire, technology gaining". The cooling of inflation and the turmoil in the banking system has investors betting that interest rate hikes have peaked and the Fed is about to turn, rushing into technology stocks that have plunged over the last year.
$Nasdaq Composite Index(.IXIC.US)$ recorded its best quarterly per...