Dow Jones Industrial Average (^DJI)
- Yahoo Finance Video
Stocks close week higher, bank stocks end Q1 2023 in the red
Yahoo Finance’s Jared Blikre joins the show to summarize the week in the stock market.
- Yahoo Finance
Stocks surge to cap first-quarter rally: Stock market news today
Stocks closed higher on Friday after some cooler-than-expected inflation data, as investors also eye the end of an eventful first quarter that has seen the S&P 500 gain nearly 5% while the Nasdaq 100 entered a new bull market.
- Reuters
US STOCKS-Indexes jump on inflation data; Nasdaq posts best qtr since 2020
Wall Street rallied more than 1% on Friday and the Nasdaq notched its biggest quarterly percentage gain since June 2020, as signs of cooling inflation bolstered hopes the Federal Reserve might soon end its aggressive interest rate hikes. The S&P 500 closed at its highest level since Feb. 15 and posted a second straight quarter of gains, led by the technology sector's 21.5% rise in the first quarter. The S&P 500 financial sector was the quarter's worst-performing sector, posting a 6.1% drop, while the KBW regional bank index fell 18.6% for the period.
