Stock Market Rallies As 11 Bank Giants Aid First Republic, But FRC Dives Late; Apple, Microsoft Flash Buy Signals


Source: investors.com investors.com

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Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. FedEx (FDX) reported earnings late Thursday, signaling a possible FDX stock breakout. X The stock market rally attempt had a strong session, reversing higher from morning lows. The Nasdaq led the way, fueled by big caps such as Apple stock, Microsoft (MSFT), Advanced Micro Devices (AMD) and Nvidia (NVDA). But Thursday's market catalyst was news of a $30 billion deposit infusion for embattled California-based First Republic Bank (FRC). JPMorgan Chase (JPM), Citigroup (C), Bank of America (BAC) and Wells Fargo (WFC) announced that they...