News by Yasin Ebrahim on Investing.com

S&P 500 racks up gains as banking fears cool ahead of Fed meeting By Investing.com - Mar 21, 2023

By Yasin Ebrahim Investing.com -- The S&P 500 rose Tuesday, led by a First Republic-led climb in bank stocks after Treasury...

Fed likely to go with 'safest' 0.25% hike route as pause bears too much risk By Investing.com - Mar 20, 2023

By Yasin Ebrahim Investing.com -- The Federal Reserve is expected to opt for the "safest" path and meet the market expectations of a quarter-point hike later this week as the risk...

Stock market today: Dow ends higher on UBS-Credit Suisse rescue; Fed meeting eyed By Investing.com - Mar 20, 2023

By Yasin Ebrahim Investing.com -- The Dow closed higher Monday, driven by improved sentiment in the banking sector after UBS...

S&P 500 jumps as banks rebound on UBS-Credit Suisse deal By Investing.com - Mar 20, 2023

By Yasin Ebrahim Investing.com -- The S&P 500 rose Monday, as UBS agreed to buy struggling rival Credit Suisse, lifting sentiment...

Yen eyes more gains as Fed balance sheet expands, bank turmoil brings dollar pain By Investing.com - Mar 17, 2023

By Yasin Ebrahim Investing.com -- The turmoil in banking this week coaxed investors into the arms of the safe-haven yen at the expense of the dollar and many are calling for more...

Stock market today: Dow falls as First Republic rout keeps banks on bumpy path By Investing.com - Mar 17, 2023

By Yasin Ebrahim Investing.com -- The Dow fell Friday, as the bumpy ride for banks resumed, pressured by a rout in First Republic Bank (NYSE:FRC) as concerns about a banking crisis...

S&P 500 slips on renewed jitters in banks despite rescue deal for First Republic By Investing.com - Mar 17, 2023

By Yasin Ebrahim Investing.com -- The S&P 500 fell Friday, as a reprieve in banks following the $30 billion rescue of the First Republic Bank (NYSE:FRC) was short-lived as...

FedEx lifts guidance after delivering big earnings beat in Q3 By Investing.com - Mar 16, 2023

By Yasin Ebrahim Investing.com -- FedEx lifted its guidance Thursday after reporting third-quarter earnings that markedly beat expectations as its ongoing efforts to cut costs...

Stock market today: Dow rallies as major banks eye rescue plan for First Republic By Investing.com - Mar 16, 2023

By Yasin Ebrahim Investing.com -- The Dow closed higher Thursday, as reports major Wall Street banks are lining up to rescue First Republic Bank brought calm to markets...

Adobe upgrades annual guidance as Q1 results top estimates By Investing.com - Mar 15, 2023

By Yasin Ebrahim Investing.com - Adobe lifted its annual guidance Wednesday after reporting better-than-expected fiscal first-quarter results, driven by growth in its core digital...