Market Volatility Continues Amid Banking Crisis Concerns.
TL;DR Summary
Dow Jones and S&P 500 futures fell slightly, while Nasdaq futures rose. FedEx reported earnings, signaling a breakout. Bank stocks fell again after rebounding Thursday. The stock market rally attempt had a strong session, reversing higher from morning lows. The Nasdaq led the way, fueled by big caps such as Apple stock, Microsoft, Advanced Micro Devices, and Nvidia. Thursday's market catalyst was news of a $30 billion deposit infusion for embattled California-based First Republic Bank.
- Futures: Market Must Do This; FedEx Soars Past Buy Point Investor's Business Daily
- Dow drops 400 points as First Republic's slide rattles Wall Street: Live updates CNBC
- Wall Street opens a bit lower as worries about banks persist The Associated Press
- Why Are Stocks Up Today? InvestorPlace
- Futures mixed as banking crisis worries persist Reuters
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