Published 1 year ago

Wall St gains as bank fears fade, focus on inflation data

Summary by Ground News

The Dow Jones Industrial Average was down 15 points, or 0.1%, at 32,703. The Nasdaq composite was 0.5% higher. Forceful actions by regulators worldwide have helped build confidence. Traders have begun betting heavily that the Federal Reserve will have to cut interest rates.

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CTV News

U.S. futures rise as bank fears ease; US econ data on the way

Wall Street is poised to open with gains Thursday as worries over turmoil in the banking industry ease and attention turns toward government economic data coming out the next couple of days.

1 year ago·Canada

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Reuters

Wall St gains with tech shares; regional banks fall

U.S. stocks rose on Thursday as technology-related shares extended their recent strong run, while regional U.S. bank shares fell as the Biden administration proposed stronger measures to help reduce risk.

1 year ago·United Kingdom

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Associated Press News

Asian stocks follow Wall St up ahead of US inflation update

Asian stocks have followed Wall Street higher ahead of a United States inflation update that traders hope might prompt the Federal Reserve to ease plans for more interest rate hikes.

1 year ago·United States

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abc News

Asia stocks mostly rise after Wall St rally, bank fears ease

Asian shares are mostly higher following a rally on Wall Street as worries over banks following the collapses of several lenders in recent weeks recede

1 year ago·United States

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KRDO

Asia stocks mostly rise after Wall St rally, bank fears ease

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly higher Thursday following a rally on Wall Street as worries over banks following the collapses of several lenders in recent weeks receded. Forceful actions by regulators have helped to calm markets as investors have turned their focus to how central banks might adjust their interest rate policies to reflect persisting worries over how higher rates might affect lenders. J…

1 year ago·Colorado Springs, United States

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