Dow, S&P 500 up as SVB deal lifts bank shares
The Dow and S&P 500 ended higher on Monday as a deal for Silicon Valley Bank's assets helped investor confidence in banks, while a decline in technology shares weighed on the Nasdaq. ... | March 27, 2023
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The Dow and S&P 500 ended higher on Monday as a deal for Silicon Valley Bank's assets helped investor confidence in banks, while a decline in technology shares weighed on the Nasdaq. ... | March 27, 2023
The S&P 500 ended slightly higher on Monday as a deal for Silicon Valley Bank's assets helped to...
The S&P 500 ended slightly higher on Monday as a deal for Silicon Valley Bank's assets helped to...
The S&P 500 ended slightly higher on Monday as a deal for Silicon Valley Bank's assets helped to...
All three major U.S. stock indexes lost more than 1% at the close of a broad risk-off session as investors digested Powell's prepared remarks, and his responses to questions from the Senate Banking Committee. The dollar jumped, and the inversion between short- and long-dated Treasury yields eased and crude prices tanked as the testimony from the U.S. central bank chief reaffirmed the Fed's determination to bring inflation down to its 2% target rate.