S&P 500 (^GSPC)
| Previous Close | 3,948.72 |
| Open | 3,939.21 |
| Volume |
| Day's Range | 3,909.16 - 3,972.74 |
| 52 Week Range | 3,491.58 - 4,637.30 |
| Avg. Volume | 4,352,440,819 |
- Yahoo Finance Video
Stocks trade lower at the open, bank contagion fears continue
Yahoo Finance Live’s Jared Blikre breaks down how stocks are trading following the opening bell on Friday.
- Barrons.com
Softbank Again Saves WeWork With Another Recapitalization
The short-term office-rental pioneer has seen its stock fall to about a dollar since it went public in a SPAC merger. Now, SoftBank has led a complex restructuring and refinancing. The upside: WeWork avoids bankruptcy. The downside: massive dilution.
- Reuters
Strength in megacap stocks masks broader U.S. market woes
Investors are relying on an old strategy to navigate the current tumult in asset prices: buying shares of the massive U.S. companies that led markets higher for years. Shares of the top five companies by market value -- Apple, Microsoft, Alphabet, Amazon and Nvidia -- have gained between 4.5% and 12% since March 8, when troubles at Silicon Valley Bank set off banking system worries. In that period, the S&P 500 has fallen 0.5%.
