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Archegos' March 2021 collapse stemmed from Hwang's use of financial contracts known as total return swaps to take outsized stakes in his favorite holdings without actually owning the stock.
NEW YORK (AP) — U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The S&P 500 jumped 1.2% Wednesday to top its prior all-time high set in March.
The Dow Jones Industrial Average rose 0.4% or about 150 points at the closing bell on Tuesday. The benchmark S&P 500 ( ^GSPC ) gained 0.4% while the the tech-heavy Nasdaq Composite ( ^IXIC ...
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2This was the Dow's close at the peak on June 4, 1890. 3This was the Dow's close at the peak on January 19, 1906. 4This was the Dow's close at the peak on November 3, 1919. 5This was the Dow's close at the peak of the 1920s bull market on Tuesday, September 3, 1929 before the stock market crash.
1This was the Nasdaq's very first close on February 5, 1971. 2This was the Nasdaq's close at the peak on January 11, 1973. 3This was the Nasdaq's close at the peak on August 27, 1987. 4This was the Nasdaq's close at the peak on March 10, 2000. 5This was the Nasdaq's close at the peak on October 31, 2007.
October 31, 2023 at 4:01 PM. US stocks, which are heading for their third month of straight losses, closed Tuesday's trading session higher as investors weighed fresh consumer confidence data and ...
All three major indices closed with gains for the fourth straight trading week, setting up November as the best month for the Dow since October 2022. The Nasdaq and S&P 500 are on track for their ...
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