Warren Buffett's warning | Mortgage rates plunge | Something wrong with stocks

Stocks had a good day with the first quarter almost in the books, but something odd is happening when you look under the hood.

VIEW IN BROWSER | SUBSCRIBE THU, MAR 28, 2019 EVENING BRIEF AS OF THU, MAR 28, 2019 • 04:00 ET DJIA 25715.67 +0.35% +90.08 S&P 500 2815.41 +0.36% +10.04 NASDAQ 7669.17 +0.34% +25.79   Most Active DOW NAME LAST CHG %CHG AAPL 188.72 +0.25 +0.13% VZ 59.07 -1.81 -2.97% MSFT 116.93 +0.16 +0.14% S&P 500 NAME LAST CHG %CHG AMD 25.06 +0.17 +0.68% BAC 27.34 +0.31 +1.15% GE 9.88 -0.08 -0.80% NASDAQ NAME LAST CHG %CHG AMD 25.06 +0.17 +0.68% MU 39.34 +0.11 +0.28% SIRI 5.69 +0.03 +0.53%   EDITOR'S NOTE Stocks had a good day with the first quarter almost in the books, but something odd is happening when you look under the hood. The names that traded at 52-week highs on Thursday included Procter & Gamble, Kimberly-Clark and Hershey. Nowhere to be found were the "FANG" stocks or other tech favorites.  CNBC used hedge fund analytics tool Kensho to find which kinds of stocks do well when the yield curve inverts, a reliable recession indicator that occurred last Friday. By no coincidence, near the top of the list are the very kinds of stocks hitting highs right now, staples names like P&G and Hershey. Utilities are also reliable winners in the months that follow a yield curve inversion. For a stock market about to end one of its best quarters in years, this is a leadership group more suited for a recession, not a bull market. John Melloy | CNBC Investing Editor @JohnMelloy TOP NEWS  Stocks climb as Wall Street awaits more details on US-China trade talks Buffett on the economy: 'It looks like things have slowed down' Mortgage rates see biggest weekly drop in a decade GDP Q4 final reading up 2.2%, as expected, but leaves full year short of Trump's goal Cramer: Lyft IPO likely to surge, drawing investors back to whole stock market China makes unprecedented proposals on technology as trade talks progress, US officials say Special counsel Robert Mueller's report is more than 300 pages long; Pelosi says AG Barr's decision to summarize is 'condescending,' 'arrogant' Icelandic airline Wow Air collapses and cancels all flights Winning $768 million Powerball ticket sold in Wisconsin Bed Bath & Beyond lays off nearly 150 of its 65,000 employees   CNBC PRO Canaccord's chief strategist Tony Dwyer: Yield curve inversion is not a magical indicator     TOP VIDEO Watch Warren Buffett's full interview with CNBC's Becky Quick   SPECIAL REPORTS 'Take profits very quickly' on any US-China trade deal rally, Stephen Roach advises Stocks head for best quarter in 7 years despite rising fears of a recession   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