Stock indexes reversed sharply higher after the Wall Street Journal reported that JPMorgan and other big banks were in talks with First Republic Bank about a capital infusion. The dollar amount of $30 billion was confirmed late in the session. Winners beat losers on the Nasdaq by more than 2-to-1.
Stock indexes reversed sharply higher after the Wall Street Journal reported that JPMorgan and other big banks were in talks with First Republic Bank about a capital infusion. The dollar amount of $30 billion was confirmed late in the session. Winners beat losers on the Nasdaq by more than 2-to-1.