(Thursday market open) ) After a few days out of the spotlight, regional banks popped back into the news this morning as shares of PacWest (NASDAQ: PACW) slid 20% following a sharp loss in deposits.
(Thursday Market Open) Caution is napping for the moment. Yesterday’s Federal Reserve meeting and press conference seemed to fuel sweet dreams for investors hoping for a so-called “soft landing,” and sent major indexes to five-month highs.
(Wednesday Market Open) Today’s Federal Reserve rate decision comes just ahead of Groundhog Day. If the groundhog sees its shadow, it means another six weeks of winter, tradition tells us. If the Fed sees an inflation shadow still overhanging the economy, it could mean many, many more weeks of higher rates.
This morning 792 companies reached new 52-week highs.
Points of Interest:
JPMorgan Chase (NYSE: JPM) was the largest company by market cap to set a new 52-week high.
The...
On Friday morning, 152 companies hit new 52-week highs.
Things to Consider:
The largest company by market cap to hit a new 52-week high was ASML Holding (NASDAQ:...
During the morning session on Friday, 178 stocks hit new 52-week highs.
Noteworthy Points:
Microsoft (NASDAQ:MSFT) was the largest firm on a market cap basis to set...
This morning 134 companies reached new 52-week highs.
Facts of Interest:
Alphabet (NASDAQ:GOOG) was the largest firm on a market cap basis to set a new 52-week high....
