Stocks are closing in on their highs for the year as the S&P 500 recovers ground lost amid the Silicon Valley Bank bust.The S&P 500 closed Tuesday up 8.2% since we put the awful year of '22 in the rearview.It's mostly the same old story, with this year's drop in longer-term interest rates goosing the kind of tech stocks that benefit from falling rates.
First Republic, the troubled San Francisco lender that was caught in the SVB downdraft, has seen its shares decline about 90% in 2023.
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Sell stocks now as S&P 500 faces a 22% slide: FS Investments strategist'There's no reason to wait': Sell US stocks now before the S&P 500 tanks by over 20%, strategist says
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U.S. stocks are falling as S&P 500 earnings take focus By Investing.com*U.S. STOCKS DECLINE AFTER MIXED EARNINGS FROM GOLDMAN SACHS, BANK OF AMERICA $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸 Naw it declined because investors needed a quick buck 💰😆. Now it’s time to pay taxes JNJ blows exp out of the water and is down 2%… It appears that the markets are responding to mixed earnings from major players. Time will tell if this dip is a buying opportunity or further cause for concern.
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S&P 500 ekes out gain, stocks drift as earnings pick upU.S. stocks drifted, closing mostly lower on Tuesday, as investors waited for earnings season to gather more steam. The Dow Jones Industrial Average ended down 10 points, or less than 0.1%, near 33,976:
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Tesla, Netflix stocks fall, Western Alliance shares surge, and other stocks on the moveNetflix's stock declines after posting weaker subscriber growth, while Tesla shares weaken after more price cuts.
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