April, 2014 (Chinavestor) US stocks were mixed in March. The gap between the Dow and the NASDAQ significantly narrowed for the month. The Dow Jones Industrial Average (INDEXDJX:.DJI) advanced 1.8% and is back in the black YTD. The NASDAQ fell 1.8% In March but is still up 1.3% YTD. Leading NASDAQ stocks succumbed to profit taking in the second part of the month. Google Inc. (NASDAQ:GOOG), Netflix Inc. (NASDAQ:NFLX), Amazon.com Inc. (NASDAQ:AMZN), and Priceline.com (NASDAQ:PCLN) all fell hard as investors hedged their bets following concerns about how mobile applications will reshape the advertising space.
Apple Inc. (NASDAQ:AAPL) rose 2.4% in March due to rumors that its Apple TV unit will roll out a deal with Comcast. That threat was so real that Netflix Inc. (NASDAQ:NFLX) plunged as much as 19.2% in March.