prices jumped on signs of economic strength, but remained on track for a weekly decline. Shares in U.S. banks also rebounded after a rough week following the collapse of a third major bank.
Strong economic data sometimes pressures stock prices if traders think it implies tighter policy, but Friday's trading suggested relief at signs of economic strength that eased worries about prospects of a recession.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: Newsweek - 🏆 468. / 52 Read more »
Milken 2023 highlights: CIO shares recession checklist, 4 stocks to buyA $1.1 trillion investment chief shares her 3-part checklist for confirming a recession has started — and details 4 stocks she expects to outperform no matter what
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: Variety - 🏆 108. / 63 Read more »