Right here is how U.S. markets shall be affected by Good Friday. – Yana Paskova/Getty ImagesThe U.S. inventory market shall be closed on Friday, March 29 for Good Friday, whereas the $27 trillion Treasury market wrapped up enterprise earlier at 2 p.m. Jap on Thursday for the vacation.Most Learn from MarketWatchStocks scored a strong first-quarter rally, regardless of a short pause within the advance earlier within the week.The S&P 500 index SPX gained 10.2% within the first quarter, its greatest three months to begin a yr since 2019, in accordance with Dow Jones Market Knowledge.The Nasdaq Composite Index COMP gained 9.1% for the quarter, whereas the Dow Jones Industrial Common DJIA was 5.6% increased for a similar stretch, in accordance with FactSet.All three main U.S. inventory indexes reclaimed report territory within the first quarter, after hitting a tough patch two years in the past because the Federal Reserve started jacking up charges to battle stubbornly excessive ranges of inflation.The financial system has saved chugging alongside regardless of the Fed’s coverage fee sitting on the highest ranges in practically a quarter-century and benchmark 10-year Treasury yields BX:TMUBMUSD10Y close to 4.2%. Nevertheless, after two straight quarters of positive aspects, buyers stay anxious for the Fed to pivot to fee cuts later this yr, with all eyes on a possible June fee minimize.Financial knowledge on Thursday pointed to shoppers having a optimistic view of the financial system, but additionally confidence that inflation will preserve easing.The foremost inventory exchanges shall be closed Friday, however there shall be contemporary knowledge on the inflation entrance with the discharge of February’s PCE gauge, the Fed’s most well-liked inflation index. It’s anticipated to climb on a month-to-month foundation, however keep at a 2.8% yearly fee.Story continuesInvestors on Friday additionally will hear from Fed Chairman Jerome Powell, who is ready to talk at 11:30 a.m. Jap.Learn: Fed’s former No. 2 says that is how central banks could justify any summer season fee cutsMost Learn from MarketWatch