U.S. stocks finish sharply higher as First Republic gets rescue from banks

CORRECTION: An earlier version of this pulse said stocks finished higher on Friday. U.S. stocks finished sharply higher on Thursday, erasing losses from earlier in the session, as a group of big banks deposited $30 billion with troubled lender First Republic Bank.

The S&P 500 SPX, +1.76% gained 68.36, or 1.8%, to close at 3,960.28, according to preliminary closing data from FactSet. The Dow Jones Industrial Average DJIA, +1.17% rose 371.98 points, or 1.2%, to 32,246.55. The Nasdaq Composite COMP, +2.48% gained 283.22 points, or 2.5%, to 11,717.28.

This is a circle jerk. Withdraw your money from smaller banks so that the larger banks getting your deposits from the smaller banks can redeposit in the smaller banks

ایران آخرین اخبار, ایران سرفصلها

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