U.S. economy is headed for trouble, leading economic index signals
The U.S. leading economic index fell 0.3% in February — the 11th decline in a row — continuing to signal an upcoming recession. Source
Closely Watched News
The U.S. leading economic index fell 0.3% in February — the 11th decline in a row — continuing to signal an upcoming recession. Source
The Biden administration hopes that Chinese President Xi Jinping will reach out to Ukrainian President Volodymyr Zelensky directly because it’s important… Source
U.S. stocks ended lower Friday as worries about banking-sector stability reemerged following a bankruptcy filing by SVB Financial Group and the release of… Source
Financial stocks continued to drag stock stock market down Friday, as the Dow Jones Industrial Average’s four financial components contributed about 40% of… Source
The Turkish government of Recep Tayyip Erdoğan has accused both Sweden and Finland of being too soft on groups that it deems to be terror organizations, but… Source
War crimes in Ukraine and Russian leader’s alleged involvement in the cross-border abductions of children from Ukraine cited. Source
U.S. stocks finished lower on Friday as worries about banking-sector stability reemerged. But Friday’s pullback wasn’t large enough to stop both the S&P 500… Source
Use the Multiple Quotes Tool, on MarketWatch, to compare quotes. Source
Follow along as MarketWatch provides live updates on congressional testimony from Treasury Secretary Janet Yellen. Yellen is appearing Thursday before the Senate Finance Committee, where the topic is President Joe Biden’s 2024 budget proposal. But she’s certain to be asked about the turmoil in banks and markets following the collapse of Silicon Valley Bank. Source
Bank stocks reversed course, rising after a report was confirmed shortly before the market close of a deposit infusion for First Republic Bank. Source