Dow jumps 500 points to break four-day losing streak as regional banks and Apple shares surge: Live updates
Stocks rebounded as regional bank shares climbed off their lows and market-darling Apple reported better-than-expected quarterly earnings.
Americans haven’t been this worried about their bank deposits since the 2008 financial crisis
The Federal Deposit Insurance Corp. backs deposits up to $250,000 per depositor.
Dow Industrials are now in the red for 2023, but these stocks may lead it back into the black, analysts say
Some of the names dragging the Dow lower on Thursday, pushing the average into the red for the year to date, are also the ones that may lead it back.
Dow Jones Average is now red for the year. Here’s where it could go next
Analysts thinking about where the average could go next see important technical levels ahead.
Crypto has ‘lost its shine’ for institutional investors, says Northern Trust executive
Institutions lost interest in crypto after 2022 and their appetite for it hasn’t come back yet, according to Northern Trust’s Justin Chapman.
How China’s slower post-Covid recovery is playing out for our Club stocks this earnings season
But, we believe it’s only a matter of time until a post-Covid reopening accelerates the world’s second-largest economy.
There are limited options to fix the banking crisis, but one is gaining support
Billionaire hedge fund manager Bill Ackman made an impassioned plea for a depositor backstop in a tweet Wednesday.
Regional bank stocks continue to slide on Thursday with PacWest leading the way down 50%
Thursday’s moves come less than a week after First Republic was seized by regulators and sold at a discount to JPMorgan Chase.
Cathie Wood says the credit crunch is going to get much more serious than most are expecting
Cathie Wood thinks a credit crunch is underway, and it’s going to get much worse from here.
66% of renters say homeownership is ‘hopeless’—here’s how they’d rather spend their money
Most renters are focused on saving for retirement savings or paying off debt rather than buying a house.
