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Published 1 year ago

Wall Street swings as questions about banks, rates linger

Summary by Ground News
The S&P 500 was 0.5% higher in late trading after veering all the way from a 1.8% gain earlier in the day to a 0.4% loss. The Dow Jones Industrial Average posted a slight gain of 0.2%, whlie strength for tech and high-growth stocks helped the Nasdaq composite do better than the rest of the market. Treasury yields sank sharply again as traders continue to bet the Federal Reserve will have to cut rates.

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  • 67% of the sources are Center
67% Center

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