Stocks close lower for a fourth day on renewed bank worries, Dow goes negative for 2023: Live updates

Investors also digested the Federal Reserve's 25 basis point rate hike and commentary following its Wednesday meeting.

"So, I do not think that the Fed will have to raise rates any further the rest of this year, although tomorrow's data on the jobs reading will be important to watch," he added. "We expect the S&P 500 to retrace back to previous swing lows around 3,800 as we continue through a pivotal earnings season," he told CNBC.

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Milken 2023 highlights: CIO shares recession checklist, 4 stocks to buyA $1.1 trillion investment chief shares her 3-part checklist for confirming a recession has started — and details 4 stocks she expects to outperform no matter what
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Dow Industrials are now in the red for 2023, but these stocks may lead it back into the black, analysts saySome of the names dragging the Dow lower on Thursday, pushing the average into the red for the year to date, are also be the ones that may lead it back.
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