It's a day of deep risk-on in markets, with stocks posting strong gains, bonds and gold plunging as Treasury yields climbed, after Treasury Secretary Janet Yellen injected confidence over the b
Major coins traded in the red on Monday evening as investors appeared to be positioning themselves ahead of the U.S. Federal Reserve's rate decision on Wednesday.
U.S. stocks traded mostly higher this morning, with the Dow Jones gaining more than 250 points on Monday.
The Dow traded up 0.80% to 32,118.05 while the NASDAQ fell 0.21% to 11,606.44. The S&P 500, also rose, gaining, 0.43% to 3,933.50.
As the turmoil in the banking system claims more scalps, central banks across the globe announced a coordinated action, underlining the gravity of the problem at hand.
Prison stocks are underperforming in the current market recovery, with three major publicly-traded ones trading deep in the red in the year to date. This marks a reversal from 2022, when the stocks notched spectacular gains despite the broader market swoon.