The market started March with a strong, broad-based push to fresh one-month highs in the face of a stronger dollar. Large-cap techs led the rally. Investors welcomed AIG’s $35 billion asset sale. SanDisk was one of the best performers after the company’s improved its outlook. Market breadth was positive.
Advancing Sectors: Materials (+1.6%), Consumer Discretionary (+1.6%), Tech (+1.5%), Utilities (+1.3%), Health Care (+1.0%), Industrials (+1.0%), Energy (+1.0%), Consumer Staples (+0.7%), Telecom (+0.6%), Financials (+0.4%)
Declining Sectors: (None)

FEAR METER: The S&P 500 implied volatilty slipped further as jitters over Greece faded.