News Formal

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

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

U.S. stocks finished sharply higher on Thursday as a group of big banks deposited $30 billion with troubled lender First Republic Bank. The Dow Jones Industrial Average rose 371.98 points, or 1.2%, to 32,246.55:

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.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

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

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

STOCK MARKET NEWS: Credit Suisse borrows $54B, First Republic shares sink, Dollar General’s outlookCredit Suisse gets $54 billion loan as banking contagion fears hit market, First Republic mulling options, Dollar General’s forecast, housing starts and jobless claims. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Fonte: FoxBusiness - 🏆 458. / 53 Leggi di più »

First Republic leads bank stocks' comeback after SVB-fueled selloffFirst Republic leads a comeback for bank stocks that cratered in the SVB-fueled selloff
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »