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wall street

Published
June 12, 2023

S&P 500 hits highest level in over year

The U.S. stock market is cruising on hopes the economy may avoid a recession and the Fed may soon take it easier on its hikes.
Published
June 2, 2023

Wall Street leaps, nearly escapes bear market

Traders are largely expecting the Fed to hold interest rates steady at its next meeting in 2 weeks.
Published
April 5, 2023

Stocks mostly slip after latest signs of slowing economy

Weaker-than-expected reports on the health of U.S. services industries and the job market send bond yields lower, too.
Published
April 4, 2023

Wall Street snaps winning streak after weak economic data

Tuesday's reports on job openings and factory orders may have heightened recession fears.
Published
March 29, 2023

Stocks rally on Wall Street as bank fears ease further

Traders are largely betting the Fed will have to cut rates as soon as this summer, something that can act like steroids for markets.

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Published
March 28, 2023

Bank rules under review in wake of SVB failure, Fed official tells senators

The Federal Reserve is considering whether stronger bank rules are needed to prevent a similar bank failure in the future.
Published
March 23, 2023

Stocks tick higher after another dizzying day on Wall Street

Traders were still largely betting the Fed will cut rates later this year.
Published
March 22, 2023

Federal Reserve raises key rate by a quarter-point despite bank turmoil

The Fed says the U.S. banking system is 'sound and resilient,' but warns that the financial upheaval stemming from the collapse of 2 major banks is 'likely to result in tighter credit conditions' and 'weigh on economic activity, hiring and inflation.'
Published
March 20, 2023

Stocks rise on Wall Street after big bank deal, moves by regulators

In the U.S., most of the attention has been on smaller and mid-sized banks on fears that falling trust could push their depositors to pull their money all at once.
Published
March 16, 2023

Stocks rally after battered First Republic gets a lifeline

This week has been a whirlwind for markets globally on worries that banks may be bending under the weight of the fastest set of hikes to interest rates in decades.