Stocks bounced back this quarter, but it's too early to celebrate | CNN Business

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After a stormy 2022, US stocks gained during the first quarter of 2023 in a surprise show of resilience despite a banking crisis, cryptocurrency meltdowns and uncertainty about what’s ahead for the economy

. Still, nothing about the first quarter’s performance was linear. The broad-based S&P 500 seesawed throughout the quarter, ending January on a high note before tumbling in February, rising again in March and ultimately ending the quarter up about 7%. The tech-heavy Nasdaq made a remarkable resurgence, soaring nearly 17% in its best quarterly gain since the fourth quarter of 2020.

What’s next? Despite the first quarter’s strong performance, investors say that celebrating a Fed victory against inflation would be premature. Rising prices remain a key factor driving markets and could cause turbulence ahead, even if it’s not cataclysmic. Earlier this month, the collapse of three financial institutions — Silicon Valley Bank, Signature Bank and Credit Suisse — set off a banking meltdown that sent markets teetering.

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Way too early to celebrate!

Markets bounced because banking crisis lower rates. CNN doesn't understand basic finance it appears.

This isn’t “bouncing back”. What kind of drugs do the people at CNN do!?

Biden has killed our retirement accounts. FJB and FCNN

DOW 34274 RSI (M):60 Share / Verification source and method. Taiwan 5-3 Password: Bull market 30.90/100.80.70. Bear market 70-10/0.20.30 Simple Data /Elliott Wave Forecasting the New Order of the Stock Market. By Liu Po-Ching 1980-2023 The Professional Investor.( Taiwan )

More Fake news from Fake news cnn.

One week ago - Banking crisis Now - Market in uptrend by more than 3% At least let there be logic

中共刚又灌臭气恶心本人,还用高科技维稳武器(疑是微波武器)攻击本人头部致使本人无故头痛和双耳压力异常!中共意图把本人搞残废只因本人不愿意帮它们反人类! 配合中共国安迫害本人的是以东南亚支那裔为主的中共鬼奴贱民! 中国人是低贱人种才会有中国共产党邪恶反人类政权!

DOW, USDX, GOLD, BOND... Share / Verification source and method. Taiwan 5-3 Password: Bull market 30.90/100.80.70. Bear market 70-10/0.20.30 Simple Data /Elliott Wave Forecasting the New Order of the Stock Market. By Liu Po-Ching 1980-2023 The Professional Investor.( Taiwan )

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Tesla stock has seen $200 billion added to its market cap in 2023Tesla has seen $200 billion added to its market cap in 2023, marking the strongest start to the year in its history $TSLA YTD: +57% $SPY YTD: +5% TheTerminal ❤️💛💚💙🧡💜 So definitely, no recession
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