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4min chapter
Looking at the Glass Half-Full as the Fed Meets on Rates
The Investopedia Express with Caleb Silver
Introduction
S&P 500 and NASDAQ both ended the week higher, even after another big sell-off on Friday. First Republic Bank was forced to accept a $30 billion loan or cash infusion from 11 other banks. More than 90% of stocks in the S&P 500 suffered declines in three out of last week's five trading sessions. Big tech stocks came to the rescue as investors went back to their old favorites for some air cover while bank stocks got battered.
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