Wall Street rises in choppy trade as markets weigh rate hike pause, bank contagion risks

A Trader works inside a post on the floor of the New York Stock Exchange in New York City, U.S., March 7, 2023. REUTERS/Brendan McDermidIndexes up: Dow 0.58%, S&P 0.63%, Nasdaq 1.25%

March 13 - U.S. stock indexes rose in choppy trading on Monday as investors weighed a possible pause in interest rate hikes by the Federal Reserve in March and risks of a contagion from Silicon Valley Bank's collapse.on Friday, after a failed capital raise, triggered concerns about risks to other banks from sharp rate hikes by the Fed over the last year, but it also spurred speculation about whether the central bank could slow the pace of its monetary tightening.

Regulators over the weekend stepped in to restore investor confidence in the banking system, saying SVB's depositors"The bank run was precipitated by the Fed's overly hawkish policy. The bull case is that this will finally knock some sense into them and they will stop raising rates," said Jay Hatfield, founder and CEO of Infrastructure Capital Management.

Your article says interest rates might be held at 22%. Did you mean that the chance interest rates don’t go up is 22%?

Eat, eat and eat, and be hollow and empty, you slaves of 'papers'. What will you do when the ground disappears below your feet? What will you do without your empty food? The glorious fruits of hell, that you enjoyed so much ... There's still hope, if you flee mammon, your lord!

The other space spéculation! 😁

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