Market Updates
A twice daily podcast from the team at Marcus Today, the stock market newsletter for investors, bringing you up to speed with the latest stock market, financial, and business news. Published just before market open and after market close (AEST), Monday to Friday.
Market Updates
Marcus Today Pre-Market Podcast – Thursday 30th March
Stocks rose broadly Wednesday, as strong gains in tech helped the Nasdaq rebound after a losing session. Sentiment was also lifted by easing concerns around the state of the banking sector.
The Dow Jones Industrial Average surged 323.35 points, or 1%, to close at 32,717.60. The S&P 500 gained 1.4% to end at 4,027.81, and the Nasdaq Composite added nearly 1.8% to close at 11,926.24.
Regional banks rose, with the SPDR S&P Regional Banking ETF (KRE) advancing about 1%. Big banks such as Citigroup and Goldman Sachs also gained.
The benchmark 10-year Treasury yield inched up to 3.57% as of market close, and the short-term 2-year rate climbed to 4.09%.
SPI Futures up 48 points.
Get up to speed with Henry Jennings’ Pre-Market Podcast.
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