Breaking News
Quotes
All Instrument Types
  • All Instrument Types
  • Indices
  • Equities
  • ETFs
  • Funds
  • Commodities
  • Currencies
  • Crypto
  • Bonds
  • Certificates

Please try another search

Search website for: 
Popular News
More
Popular Analysis
More
More
/Free Sign Up
 Investing Pro 0
👀 Bezos, Buffett & Berkowitz: What's in Their Portfolios? Unlock Data

U.S. stocks are rising ahead of the Fed's rate decision

Liz Moyer/Investing.com Stock Markets
Published Mar 20, 2023 09:51AM ET Updated Mar 20, 2023 11:56AM ET
36
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
XAU/USD
-0.06%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
US500
+1.30%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
DJI
+1.00%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
CSGN
0.97%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
BBBYQ
-6.97%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
SPGI
+0.69%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close

By Liz Moyer 

Investing.com -- U.S. stocks are rising on Monday after the weekend's $3.2 billion tie-up of UBS and Credit Suisse as banking regulators raced to shore up confidence in the system.

At 11:53 ET (15:53 GMT), the Dow Jones Industrial Average was up 342 points or 1.1%, while the S&P 500 rose 0.7% and the NASDAQ Composite rose 0.1%.

Wall Street is wondering how much the turmoil in the banking sector is going to weigh on the economy, and how much the Federal Reserve will factor in the events of the past two weekends when it decides on interest rates this week.

Futures traders are largely expecting the Fed to raise rates by a quarter of a percentage point, while just about 25% of traders are betting on a pause.

UBS Group AG (NYSE:UBS), with the backing of Swiss banking regulators, came to the rescue of its rival in the hope it would stabilize conditions. Shares of Credit Suisse Group (NYSE:CS) sank 54% on Monday, while UBS rose 3.3%.

But investors were still wary about corners of the banking sector. First Republic Bank (NYSE:FRC) shares fell 25.8% after ratings cut by S&P Global.

The Fed and five other central banks began offering daily instead of weekly currency swaps starting today and going through April to ease concerns about the flow of dollars available in the system.

In addition to the Fed decision, the policymakers will release their latest dot-plot projections on aspects of the economy on Wednesday, including their outlook for unemployment and economic output.

This week also brings economic data on existing home sales and jobless claims.

Shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) fell 17.95% after saying it would seek shareholder approval for a reverse stock split.

U.S. stocks are rising ahead of the Fed's rate decision
36
 
Comments (36)
36

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I Agree
Write your thoughts here
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (17)
Kumar AICS
Kumar AICS Mar 20, 2023 1:00PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Taking it up to dump harder?
Reply
0 0
Report
First Last
First Last Mar 20, 2023 1:00PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Trading range today is relatively narrow.
Reply
0 0
Report
Ella Yassin
Ella Yassin Mar 20, 2023 12:51PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Corrupt and misleading in invesment? At last the truth is out...
Reply
0 0
Report
Chad Richer Than You
Chad Richer Than You Mar 20, 2023 12:34PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
S and P 500 will never reach all time highs ever again
Reply
0 5
Report
First Last
First Last Mar 20, 2023 12:34PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
I'll bet you all-time-high before all-time-low.
Reply
1 1
Report
Maximus Maximus
Maximus Maximus Mar 20, 2023 12:13PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
huge rally coming up! get on-board now.
Reply
1 2
Report
soho electronics
soho electronics Mar 20, 2023 12:07PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
I have shorted the market so everyone going long....u welcome!
Reply
4 0
Report
naser hadivand
naser hadivand Mar 20, 2023 12:06PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Unfortunately, the Fed recorded one of the worst performance of its hub. Shouldn't it be time interest rate, my expertise in Iran was in a government system and with my bitter experiences, I was completely surprised why the Fed doesn't look at time, sometimes cases should be left to time with proper management.
Reply
0 0
Report
Peter Chau
Peter Chau Mar 20, 2023 12:03PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Tomorrow Fed day
Reply
0 2
Report
First Last
First Last Mar 20, 2023 12:03PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Tmrrw is Tues
Reply
0 0
Report
Sigge Reichard
Sigge Reichard Mar 20, 2023 11:54AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
which day is fed going to announce their decision?
Reply
0 1
Report
First Last
First Last Mar 20, 2023 11:54AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Wed
Reply
2 0
Report
Sigge Reichard
Sigge Reichard Mar 20, 2023 11:54AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
ok thx!
Reply
0 0
Report
Steve Bojo
Steve Bojo Mar 20, 2023 11:43AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
It’s already been announced that it’s only going to be 25 basis points.
Reply
3 0
Report
Mike Friess
Mike Friess Mar 20, 2023 11:43AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
50 basis points will happen
Reply
3 2
Report
First Last
First Last Mar 20, 2023 11:43AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Mike Friess   Not this week
Reply
1 1
Report
Aris Deltona
Aris Deltona Mar 20, 2023 11:39AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
typical pump & dump
Reply
4 1
Report
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Cancel Attach
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Confirm Block Cancel
Ok
Report this comment

I feel that this comment is:

Submit
Comment flagged

Thank You!

Your report has been sent to our moderators for review
Close
Continue with Google
or
Sign up with Email