U.S. Stock Indices Start to Recover
The Jordan Report by Jordan Dakamseh
14 March 2023
Today, Tuesday, US stock indices began to gradually recover after last week's losses caused by the collapse of two banks and the possibility of raising interest rates. Today, many bank stocks rose to recover part of their sharp declines, while treasury bond yields partially recovered amid signs of easing pressure on banks.
Dow Jones Industrial Average rose 336 points to reach 32155 points, and the S&P500 index rose 63 points to reach 3919 points. The Nasdaq index, which focuses on heavy technology, rose 239 points, to reach 11,428 points.
