S&P 500 rises as stocks wrap up a volatile, but winning first quarter: Live updates

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Stocks mounted a comeback in the latter part of March after the month started with the failure of two regional banks.

The market got a slight boost Friday after the Federal Reserve's preferred inflation gauge showed a less-than-expected increase in prices. The, which excludes energy and food costs, rose 0.3% in February, less than the 0.4% expected by economists polled by Dow Jones.

Primary credit lending totaled $88.2 billion while banks took out $64.4 billion through the Fed's new Bank Term Funding Program, according to Fed data released Thursday that covered the period from March 22-29. That total of $152.6 billion was down slightly from $164 billion the week before and a further sign the crisis was stabilizing as the month comes to an end.ticked higher in Friday premarket trading, continuing its comeback from the contagion lows.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin mining stocks underwhelm in March, but brighter days could be around the cornerBitcoin mining stocks struggle to hold onto their Q1 gains due to increasing market competition and uncertainty around BTC’s recent price rally. If price goes down miners cant pay operation costs, if markets go up 'competition and uncertainty' cmon... It's definitely been a wild ride for bitcoin mining stocks this quarter.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Here are the 20 best performing stocks of March — and the 20 worstInvestors have been moving money back into technology stocks and other sectors, while leaning away from financials. Interesting! It looks like March was a volatile month for the stock market. Interesting! What did the top performers have in common? Looks like the stock market is playing a game of 'hot potato' this month!
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market news: S&P 500 hits 3-week high as bank fears easeUS stocks jump as traders put bank crisis behind them and brace for more inflation data It's encouraging to see the progress already made in putting the bank crisis behind us, and exciting to anticipate more inflation data!
Source: BusinessInsider - 🏆 729. / 51 Read more »