Dow jumps 250 points at open as banking fears ease
3/27/23 9:34 AM ET (MarketWatch)Print
U.S. stocks opened higher on Monday as signs of banking-sector stress waned and investors bet on multiple Federal Reserve interest-rate cuts before the end of 2023. The S&P 500 gained 25 points, or 0.6%, to 3,996. The Dow Jones Industrial Average rose by 255 points, or 0.8%, to 32,493. The Nasdaq Composite advanced 42 points, or 0.4%, to 11,866.
-Joseph Adinolfi
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March 27, 2023 09:34 ET (13:34 GMT)
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