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M&A Spurs Stocks Gains as Earnings Eyed: Markets Wrap

Stocks wavered as the possibility of further Federal Reserve policy tightening lifted Treasury yields and investors stayed on the sidelines amid bank earnings. The S&P 500 was little changed. Two-year rates climbed to around 4.1% as investors scaled back expectations for rate cuts later in the year. New York state manufacturing activity unexpectedly expanded in April for the first time in five months as new orders and shipments snapped back. Charles Schwab Corp. fell after the firm said deposits... Read More

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Posted: Apr 17 2023, 14:12

Author Name: vladimirribakov

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