Market Update: Stocks and Crypto Surge, Banks Push Ahead, Rate Hike Concerns Remain
TL;DR Summary
Stocks rallied on Wednesday as the first quarter of the year comes to a close, with the Nasdaq up over 13%, the S&P 500 up over 4.5%, and the Dow down 1.3%. The price of crude oil was volatile, while Bitcoin rose over 5% to trade above $28,000. Micron Technology reported a potential turnaround in the chip business, while Lululemon beat estimates with a 30% rise in revenue. Pending home sales also rose for the third-straight month in February.
- Stocks rally, crypto surges as first quarter nears end: Stock market news today Yahoo Finance
- Stocks close higher on Wednesday as tech names lead a turnaround, Dow adds 300 points: Live updates CNBC
- Stocks Rise Wednesday; Dow Up More Than 300 Points The Wall Street Journal
- First Republic and Other Bank Stocks Keep Pushing Ahead After SVB Sale Barron's
- Markets Drop on Renewed Concerns About Rate Hikes Investopedia
Reading Insights
Total Reads
0
Unique Readers
8
Time Saved
2 min
vs 3 min read
Condensed
85%
523 → 79 words
Want the full story? Read the original article
Read on Yahoo Finance