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S&P 500 rises as stocks wrap up a volatile, but winning first quarter: Live updates

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Stocks mounted a comeback in the latter part of March after the month started with the failure of two regional banks.

The market got a slight boost Friday after the Federal Reserve's preferred inflation gauge showed a less-than-expected increase in prices. The, which excludes energy and food costs, rose 0.3% in February, less than the 0.4% expected by economists polled by Dow Jones.

Primary credit lending totaled $88.2 billion while banks took out $64.4 billion through the Fed's new Bank Term Funding Program, according to Fed data released Thursday that covered the period from March 22-29. That total of $152.6 billion was down slightly from $164 billion the week before and a further sign the crisis was stabilizing as the month comes to an end.ticked higher in Friday premarket trading, continuing its comeback from the contagion lows.

 

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