5 things to know before the stock market opens Friday
Publishing timestamp: 2023-03-17 07:38:05
Summary
Major stock averages are on track for a winning week despite turmoil in the global banking sector. A group of 11 financial institutions has offered First Republic Bank a lifeboat in the form of $30 billion in deposits to shore up its holdings. Chinese President Xi Jinping will visit Russia next week, and FedEx shares shot up after the company delivered an upbeat full-year earnings forecast. Additionally, a new survey by Princeton Review found that Massachusetts Institute of Technology is the new top dream school for college-bound students and their families.
Sentiment: NEUTRAL
Tickers: FDX, BAC, BK, FRC, .IXIC, .DJI, JPM, C, STT, PNC, GSBD, GS, WFC, USB, TFC, MS, .SPX,
Keywords: xi jinping, markets, investment strategy, goldman sachs bdc inc, new york, vladimir putin, jpmorgan chase & co, economy, nasdaq composite, business news, wells fargo & co, fedex corp, dow jones industrial average, russia, business, s&p 500 index,
Source: https://www.cnbc.com/2023/03/17/5-things-to-know-before-the-stock-market-opens-friday-march-17.html