U.S. Stocks Rise, Notching Best Quarter Since the Crisis
Posted on AllSides March 30th, 2019
From The Center
U.S. stocks notched their biggest quarterly gains in nearly a decade, lifted by bets that central banks would hold interest rates at low levels as global growth slows.
Major indexes have now recouped almost all of the losses they suffered in the final months of 2018, when fears about an economic downturn sent markets around the world sliding.
Much of this year’s rally was fueled by relief that central banks were willing to back off their rate-increase campaigns after growth cooled from the eurozone to China and stocks swooned, investors...
Some content from this outlet may be limited or behind a paywall.