U.S. stocks moved higher Tuesday following U.S. and European efforts to stabilize the banking system. The S&P 500 (^GSPC) climbed 1.3%, while the Dow Jones Industrial Average (^DJI) gained nearly 1%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) jumped 1.6%. Bond yields are rising, “potentially indicating less of a recessionary […]

U.S. stocks rallied Tuesday as crucial inflation data came in line with expectations. Regional bank stocks surged, clawing back some of their losses in the wake of the Silicon Valley Bank fallout. The S&P 500 (^GSPC) added 1.3%, while the Dow Jones Industrial Average (^DJI) advanced 1%. Contracts on the technology-heavy […]