📈 Regional Bank Shares Plummet After Latest Fed Decision

Daily Stock Market News

Mar 23 2023 • 20 mins

Here's what is happening in the markets today, Thursday, March 23

  • Fed hikes rates, Dow drops 530 points
  • Fed expects one more hike this year
  • Powell: Inflation fight not over and “Financial conditions seem to have tightened”
  • Yellen says "no blanket insurance" for banks
  • Regional bank shares tumble, Regional Banks ETF (KRE) down 5%

PLUS: How we trade these markets and our current positions

This wraps up today's stock market news.

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