US stocks closed higher, marking the end of a tumultuous week as Federal Reserve officials calmed investor fears over a potential liquidity crisis in the banking sector
among European banks, those losses reversed by closing bell, repeating the intraday roller coaster ride of recent sessions.and mounting worries over the health of the banking system, all three indexes notched weekly gains.
But while Fed officials continue to see additional rate hikes as a strong possibility, financial markets are now favoring the likelihood of a no hike at all at the conclusion of its next policy meeting in May.
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