📈 JPMorgan and Bank of America to the Rescue

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JPMorgan Chase & Co and Bank of America Corp have swooped in to save the day for First Republic Bank, and stocks closed higher on Thursday as a result. It's like a superhero crossover, but with banking institutions. Credit Suisse is borrowing up to $54 billion from the Swiss National Bank. Will it be a Swiss-army-knife solution to their financial problems? Regardless, it's helping to stabilize global markets, which is always a good thing.

And while the S&P 500 has only seen gains of 1.3% so far this year, we're keeping our eyes on the prize. Specifically, the semiconductor giant Nvidia and digital ad company, The Trade Desk. Who knows, maybe they'll be the ones to give the S&P 500 the boost it needs.

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Markets

Stocks close higher, Dow jumps more than 300 points as banks step in to aid First Republic (2 minute read)
On Thursday, stocks closed higher as banks came to the aid of First Republic Bank. The Dow Jones Industrial Average rose by 1.17%, the S&P 500 gained 1.76%, and the Nasdaq Composite increased by 2.48%. Tech stocks were particularly popular as investors hope the Fed will change its outlook on monetary policy next week due to the crisis.

European stocks rise as market sentiment recovers after banking turmoil (3 minute read)
European markets are bouncing back from the previous day's slump thanks to some heroic moves by top U.S. authorities and banks to rescue First Republic Bank. And if that wasn't enough to lift our spirits, Credit Suisse announced that it's borrowing up to 50 billion Swiss francs ($54 billion) from the Swiss National Bank, which is also helping to stabilize global markets. 

Investing

BofA, JPMorgan lead bank group to infuse First Republic with $30B in deposits (3 minute read)
JPMorgan Chase & Co and Bank of America Corp are leading the charge in a group of big banks that are injecting a hefty dose of confidence into First Republic Bank with $30 billion in deposits. Talk about making it rain! This news comes after a tumultuous day for First Republic, which has been struggling since SVB Financial's Silicon Valley Bank went belly-up last weekend

2 Sizzling Hot Stocks to Buy Right Now (5 minute read)
So, the S&P 500 has been crawling along with gains of just 1.3% so far this year, which is a bit of a snoozefest. But fear not, there are a couple of companies out there that are making some serious waves and impressive returns over the past few months. We’re talking about Nvidia (NVDA) and The Trade Desk (TTD). If you're looking for some momentum, take a look at the semiconductor giant and digital ad company, stat!

Money

How the Stock Market Performed Under Each President (5 minute read)
Have you ever wondered how much influence a president has on the stock market? Spoiler alert: not much! Even if a president does manage to implement some sweet economic policies, the effects usually don't show up until long after they've left office. But still, presidents love to take credit for a good stock market and avoid blame for a bad one. So, let's take a look at which presidents have been riding high on the market wave, and which ones got left behind.

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