U.S. economy - Aliff Capital

March Madness: Jobs Report, Bank Stocks, and Interest Rates Shake Market

Mar 11, 2023Juliya RostovaEconomybanks, deficit, employment, FED, financial stocks, government deficit, interest rates, investment, job market, March Madness, Stock Market, U.S. economy, unemployment benefits, unemployment rate, US economy

March Madness has taken hold of the financial markets as U.S. employers added 311,000 jobs in February, another stronger-than-expected showing for the labor market. However, the four biggest U.S. banks lost $52 billion of market value on Thursday, contributing to a broad rout across financial stocks. Job Creation Surpasses Expectations Despite concerns over the pandemic…

Tag: U.S. economy

The Economic Climate: A Recap of Recent Events

March Madness: Jobs Report, Bank Stocks, and Interest Rates Shake Market