Investing
Dow futures rise as UBS bails out Credit Suisse
![](https://personalfinancedefined.com/wp-content/uploads/2023/03/LYNXMPEA7S0VT_L.jpg)
© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures were trading higher during Sunday’s evening deals as investors monitored increased pressure on the financial sector following reports that embattled bank Credit Suisse (SIX:) has been bought out by UBS Group AG (SIX:) for $3 billion Swiss francs (US$4.8 billion) in a government-backed deal.
By 6:35pm ET (10:35pm GMT) were up 0.2% while and gained 0.2% apiece.
Ahead in the week, market participants will be closely monitoring the Fed’s amid expectations of a 25 basis point hike. Meanwhile, and home sales, , , and PMIs, as well as a speech from .
During Friday’s trade, the fell 384.6 points or 1.2% to 31,862, the lost 43.6 points or 1.1% to 3,916.7 and the fell 86.8 points or 0.7% to 11,630.5. for the week, the Dow added 0.1%, the S&P 500 added 2.1% and the NASDAQ gained 5.3%.
On the bond markets, rates were at 3.436%.
Read the full article here
![](https://personalfinancedefined.com/wp-content/uploads/2023/02/pf-logo.png)
-
Personal Finance7 days ago
Gas prices drop as demand for driving fizzles out: AAA
-
Investing7 days ago
Crowdstrike CEO Responds to Causing Largest IT Outage in History
-
Side Hustles7 days ago
How to Build A Startup, From an Early Lyft, Twitch Investor
-
Passive Income5 days ago
NLRB Drops Expanded Joint Employer Appeal
-
Side Hustles7 days ago
Jake Paul: Mindset Hacks, Mike Tyson Fight, Embracing Fear
-
Passive Income7 days ago
The Top 5 AI Tools That Can Revolutionize Your Workflow and Boost Productivity
-
Investing7 days ago
Boeing to supply E-7 in first major win since plea deal By Reuters
-
Investing6 days ago
Boeing sees significant improvement in 737 MAX factory production By Reuters