The first quarter of 2022 has been a strong one for the U.S. stock market, with the S&P 500 up about 10% and on pace for its best first-quarter performance since 2019. The Dow has also seen gains, up 5.5%, while the Nasdaq has surged 9.3% for the quarter.

Leading the charge in these gains is tech giant Nvidia, whose stock has skyrocketed 82% for the quarter and 14% in March alone. This surge has helped push major U.S. stock benchmarks to record highs, and investors are feeling invigorated with a more risk-on attitude driving the markets.

Despite some positive signs, initial unemployment filings were slightly lower than expected at 210,000 for the week. However, all eyes are now on the economic data set to be released on Good Friday, including information on personal income, consumer spending, and personal consumption expenditures.

Another notable stock movement came from RH, which saw its shares jump 12% after management indicated that demand trends are expected to accelerate. This optimism comes despite the company missing estimates and issuing a weak outlook.

Overall, the first quarter of 2022 has been a strong one for the U.S. stock market, with many key indicators pointing to continued growth and optimism among investors. Stay tuned to Insider Wales Sport for more updates on the latest developments in the world of finance and investments.