Mobileye, HubSpot, Workday Rise As Stocks Jump On Bank Bailout News
The Nasdaq composite and Nasdaq 100 broke out over trendlines.
March 16, 202317m 57s
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Show Notes
Stock indexes reversed sharply higher after the Wall Street Journal reported that JPMorgan and other big banks were in talks with First Republic Bank about a capital infusion. The dollar amount of $30 billion was confirmed late in the session. Winners beat losers on the Nasdaq by more than 2-to-1.
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