Stocks close higher Friday as investors try to shake off latest bank fears: Live updates

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Stocks rose Friday, reversing their earlier session declines as Deutsche Bank shares pared back some losses. The Dow gained 0.41%. The S&P 500 rose 0.56%. The Nasdaq was up 0.31%.

have widened, suggesting that there are some investors who are willing to take on the credit risk for higher yields.Baird is looking toward mortgage-back securities as it becomes more bearish on the economy.

"The offset to that underweight in mortgages is our overweight in Investment-Grade corporate ... Before the cycle matures, spreads will likely widen out and Treasury yields push lower because recession is going to be on everybody's radar as 2023 progresses," they added.Banking sector crisis putting downward pressure in other industries, says BTIG

Technology is holding up the market , so "if tech fails, as we expect, then [the S&P 500] can quickly unravel lower."U.S. community and regional banks soon to enter a "period of capital hoarding," according to Third Bridge "On average, we anticipate widespread NIM compression amongst regional banks followed by heightened efforts to improve their capital efficiency ratios."

Asset price uncertainty is causing chaos the current chaos in the markets, according to Simplify Asset Management's chief strategist Michael Green.

 

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That's a rally right there

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