March 2023

The 30-year mortgage rate is averaging at 6.6%, Freddie Mac said in its latest weekly survey on Thursday. Source

Big banks pledge $30 billion to First Republic as a backstop after the company's stock hit an all-time low following the failure of Silicon Valley Bank. Source

CORRECTION: An earlier version of this pulse said stocks finished higher on Friday. U.S. stocks finished sharply higher on Thursday, erasing losses from… Source

Shares of FedEx Corp. jumped after hours on Thursday after the package deliverer reported third-quarter results that beat expectations. Source

China said Friday that Xi will visit Russia in the coming days in an apparent show of support for Putin. Source

SVB Financial Group said Friday it has filed for Chapter 11 bankruptcy in New York and will seek a court-supervised reorganization. Source

The stocks of the 11 banks that contributed $30 billion in uninsured deposits to embattled lender First Republic Bank on Thursday were all lower in premarket… Source

Shares of cryptocurrency-linked names were rallying sharply in Tuesday morning action as the prices of bitcoin and other digital assets rocketed. Source

The policy-sensitive 2-year Treasury note yield is on track to set another multiyear milestone on Tuesday, after February’s CPI data showed inflation remains… Source

U.S. stocks ended sharply higher in volatile trade on Tuesday, rebounding from their steep losses in the aftermath of the Silicon Valley Bank's fallout, as… Source