General

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

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