Lyft pops on first trading day | Break-out first quarter | Wells Fargo's CEO search

The first quarter is officially over with stocks rebounding off December lows for their best Q1 in a decade.

VIEW IN BROWSER | SUBSCRIBE FRI, MAR 29, 2019 EVENING BRIEF AS OF FRI, MAR 29, 2019 • 04:00 ET DJIA 25927.72 +0.82% +210.26 S&P 500 2834.33 +0.67% +18.89 NASDAQ 7729.32 +0.78% +60.15   Most Active DOW NAME LAST CHG %CHG MSFT 117.94 +1.01 +0.86% AAPL 189.95 +1.23 +0.65% CSCO 53.99 +0.63 +1.18% S&P 500 NAME LAST CHG %CHG BAC 27.57 +0.24 +0.88% AMD 25.52 +0.46 +1.84% WFC 48.32 -0.77 -1.57% NASDAQ NAME LAST CHG %CHG AMD 25.52 +0.46 +1.84% CELG 94.34 +6.89 +7.88% MU 41.33 +1.99 +5.06%   EDITOR'S NOTE And that's a wrap. The first quarter is officially in the bag, and for the S&P 500, it was the best Q1 in two decades. It's a sharply different picture than the close of last quarter, which dragged stock markets down for their worst year in a decade. The big winner to kick off 2019 was technology — a familiar investor favorite that has led this historic bull market. Health care was at the bottom of the rally with a 6 percent gain. Stocks in Ireland led the pack globally with a surge that was more than double the S&P's performance. The best-performing commodity? Lean hogs. Coffee and wheat were the worst. Fred Imbert has the global breakdown. This quarter's recovery came down to a few things: a rebound off of Christmas-week lows, a reversal in the Fed's monetary policy stance and hope for a U.S.-China trade deal. Markets are still shrugging off a lingering trade war, weaker global economic data and an inverted yield curve — a warning sign flashing from the bond markets that usually means a recession is around the corner. Traders are keeping an eye on economic data in the upcoming quarter to see if this U.S. backdrop is strong enough to justify another double-digit quarterly rally. Kate Rooney | CNBC Markets Reporter @Kr00ney TOP NEWS  Dow rises more than 100 points on trade optimism, S&P 500 sees best quarterly gain in a decade Lyft pops 20% in trading debut White House advisor Larry Kudlow says Fed should 'immediately' cut rates Here's who could replace Tim Sloan as CEO of Wells Fargo Fed's Quarles says more rate hikes could be ahead 'at some point' as economy improves Investors shun stock funds amid the market's best start to a year since 1998 Trump threatens to close 'large sections' of US-Mexico border next week over illegal immigration Corporate America's best tax days may be over when Republican tax cuts expire Google parent company Alphabet has more than doubled its money on Lyft to $1 billion in just 17 months Brexit deal rejected again: Here's what could happen now   CNBC PRO Ironsides Macroeconomics' Barry Knapp: Inverted yield curve is not a big problem for banks     TOP VIDEO Lyft goes public but has no clear path to make a profit   SPECIAL REPORTS Investor once told Lyft's founders he was 'not sure about this carpool thing' — now it's a $20 billion company Activist Starboard drops out of Celgene fight as proxy firms back Bristol-Myers bid   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2019 CNBC LLC. All rights reserved. A property of NBC Universal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS