Is The Banking System Pumping Up The Stock Market? 😂
@ZEROHERO：
Thursday's signs of risk appetite among investors stemmed from hopes that bank turmoil has been contained as well as bets that central banks around the world are near the end of their interest rate hiking cycles, according to Jeff Kleintop, chief global investment strategist at Charles Schwab (NYSE:SCHW). But some investors were concerned by hawkish comments from Federal Reserve officials on Thursday as they braced for Friday's key economic data as well as potential volatility from traders' end-of-quarter efforts to square up positions. "Traders are gearing up for what could be a more volatile day tomorrow and not making any big bets," said Leo Grohowski, chief investment officer at BNY Mellon (NYSE:BK) Wealth Management. The collapse of two U.S. banks and the rescue of a major European ba