After a stormy 2022, US stocks gained during the first quarter of 2023 in a surprise show of resilience despite a banking crisis, cryptocurrency meltdowns and uncertainty about what’s ahead for the economy
. Still, nothing about the first quarter’s performance was linear. The broad-based S&P 500 seesawed throughout the quarter, ending January on a high note before tumbling in February, rising again in March and ultimately ending the quarter up about 7%. The tech-heavy Nasdaq made a remarkable resurgence, soaring nearly 17% in its best quarterly gain since the fourth quarter of 2020.
What’s next? Despite the first quarter’s strong performance, investors say that celebrating a Fed victory against inflation would be premature. Rising prices remain a key factor driving markets and could cause turbulence ahead, even if it’s not cataclysmic. Earlier this month, the collapse of three financial institutions — Silicon Valley Bank, Signature Bank and Credit Suisse — set off a banking meltdown that sent markets teetering.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Preseason Softball Top 20, 2023: Powerhouse, 2022 breakthrough team vie for No. 1The season's first Top 20 features perennial powers, newcomers and a mix of publics and non-publics.
Weiterlesen »
How Astros rang in 2023 opening day by celebrating the 2022 World Series championshipIn a 30-minute pregame ceremony on opening day, fans popped for the new gold banner and...
Weiterlesen »
Tesla stock has seen $200 billion added to its market cap in 2023Tesla has seen $200 billion added to its market cap in 2023, marking the strongest start to the year in its history
Weiterlesen »
How to invest in 2023: 12 small cap stock picks to buy, JefferiesJEFFERIES: Buy these 12 underpriced, lower-risk stocks that are poised for a sharp rebound and long-term outperformance
Weiterlesen »
What’s Coming to Disney Plus in April 2023A number of new additions are coming to Disney Plus in April, including exclusive original films and television series.
Weiterlesen »
WonderCon 2023 Cosplay Day 2: Cruella, Harley Quinn, Dragpool & MoreICYMI: WonderCon2023 cosplay was in full swing this past weekend, and the cosplayers left nothing on the table on the second day. / WonderCon HarleyQuinn SmilingFriends KiteMan PowerRangers
Weiterlesen »