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Stocks Recoup Post-Fed Losses As Traders Challenge Powell, Regional Banks Crack, Gold Rises: What’s Driving Markets Thursday?

Wall Street rebounds after Fed meeting with all major indices up, buoyed by earnings & dovish expectations. Probability for March cut at 41%, speculators increase bets for future cuts. Jobless claims up, manufacturing data beats expectations. S&P 500 & Nasdaq 100 gain 0.8%, regional banks suffer.

CTVA

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Nasdaq, S&P 500 Slip Ahead Of Fed Meeting, Regional Banks Sink After NYCB Disappoints: What’s Driving Markets Wednesday?

Nasdaq down 1.4%, S&P 500 down 0.9%, Dow up: Volatile day on Wall Street as tech stocks react to disappointing earnings ahead of Fed meeting.

ADP

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Why Is Drilling Rig Operator Helmerich & Payne Stock Seeing Blue Skies Today?

Helmerich & Payne (HP) impresses with Q1 FY24 results, reporting revenue of $677.1M, surpassing estimates, and boosting stock value by 14.42%. The company's global footprint expands as it secures contracts for nine rigs in the Middle East, anticipating a significant rise in the international active rig count.

HP