PacWest and Western Alliance, the banks at the center of the latest phase of the crisis, recouped a chunk of earlier losses, as robust economic data also heartened investors.
Tag: Standard & Poor’s 500-Stock Index
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Markets Shrug Off First Republic Failure
The bank’s collapse stopped short of derailing the broader market, with markets focusing instead on corporate profits and the Federal Reserve’s next decision on interest rates.
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First Republic’s Shares Slide as Its Fate Remains Uncertain
Among investors at least, First Republic’s troubles seem contained to the bank itself. The S&P 500 and an index of bank stocks were higher on Friday.
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Worried About a Recession? Patient Investors Can Ride It Out.
Economic downturns are rough on stocks, but history shows that handsome returns can pile up anyway if you stick with it, our columnist says.
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Most Funds Couldn’t Beat the Stock Market in 2022, Despite Advantages
In 2022, conditions were heavily in stock pickers’ favor, but most trailed the market. This year looks worse, our columnist says.