Stocks notch second straight quarterly gain in Q1

  • 📰 axios
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

México Noticias Noticias

México Últimas Noticias,México Titulares

Stocks ended a volatile quarter solidly in the green, thanks to a healthy rally among tech companies. The S&P 500 rose 7% during the quarter, and the Nasdaq composite climbed nearly 17%.

Interest rates have fallen. The yield on the 10-year T-note, for example, dropped to about 3.5%, from 4% earlier in the year.Facebook parent Meta soared 76% in the first quarter. Tesla climbed 68%.

Chipmaker Nvidia is up an astounding 90% for the year, making it the S&P's big winner so far in 2023.The biggest losers are the regional banks, led by First Republic, which is down nearly 90% so far this year. Nobody knows if the bear market is over; the S&P 500 would have to hit new highs for that to happen — and it's still about 15% below that level.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Fed giving free $ to the oligarchy is what you mean

What was considered 'healthy rallies?'🤔

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 302. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

10 value stocks expected to act like growth stocks through 2024These companies are expected to put up vastly improved numbers for sales, earnings and cash flow over the next two years. Interesting! What stocks are included in the list? Interesting! What stocks are they?
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

These S&P 500 stocks crushed it in the first quarter. Here's where analysts see them goingThe broader market index gained 7% in the first three months of 2023, matching its fourth-quarter 2022 performance.
Fuente: CNBC - 🏆 12. / 72 Leer más »