Kevin Hurley
Marketbites: Britain's Inflation Remains Stubbornly High
Stocks ended higher Thursday after a turbulent trading session as traders bet that the Federal Reserve may be nearing the end of its rate hi
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Kevin Hurley
- 3 days ago
- 1 min
Marketbites: Widely Expected Rate Hike From Powell
Stocks tumbled yesterday as the Federal Reserve persisted with hiking rates, while at the same time acknowledging turmoil in the banking sec
Kevin Hurley
- 3 days ago
- 2 min
Marketbites: Regional Banks Surge
Regional banks surged Tuesday, led by First Republic. The beaten-down bank jumped almost 30%, a day after losing 47%. The SPDR Regional Bank
Kevin Hurley
- 5 days ago
- 2 min
Marketbites: UBS Takes Over Rival Credit Suisse in Megamerger
Stocks closed higher on Monday as traders grew hopeful that a crisis in the banking sector may be easing. The gains followed a forced takeov
Kevin Hurley
- 6 days ago
- 2 min
Marketbites: Markets See Weekly Gains Despite Banking Turmoil
Stocks fell Friday as investors pulled back from positions in First Republic and other bank shares amid lingering concerns over the state of
Kevin Hurley
- Mar 17
- 2 min
Marketbites: Banks in Talks to Bolster First Republic Deposits
Stocks rose Thursday as a report of banks considering plans to help closely followed First Republic Bank buoyed investor optimism amid the b
Kevin Hurley
- Mar 16
- 2 min
Marketbites: Credit Suisse Drags Down Banking Sector
The Dow Jones Average fell Wednesday as concern over a banking crisis spreading to Europe pressured the broader market. The indexes regained
Kevin Hurley
- Mar 15
- 2 min
Marketbites: Markets Gain on Diminishing Risks
U.S. stocks rose Tuesday as investors bet the risk of widespread disaster following the closures of Silicon Valley Bank and Signature Bank h
Kevin Hurley
- Mar 14
- 2 min
Marketbites: Banking Regulators Roll Out Emergency Measures
The S&P 500 inched up Monday as traders assessed a plan to backstop all the depositors in failed Silicon Valley Bank and make additional fun
Kevin Hurley
- Mar 14
- 2 min
Marketbites: 2nd Biggest Bank Failure in U.S. History
Stocks fell Friday as tech-focused lender Silicon Valley Bank shut down following losses in its bond portfolio, prompting the biggest bank f
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