US stocks close higher as First Republic recoups some losses

The rally in stocks on Wall Street comes a day before a crucial interest-rate decision from the US Federal Reserve, which is hoping to balance high inflation with ongoing concerns about the banking sector, after the dramatic decline of Silicon Valley Bank.

Mar 22, 2023 - 09:30
US stocks close higher as First Republic recoups some losses
The rally in stocks on Wall Street comes a day before a crucial interest-rate decision from the US Federal Reserve, which is hoping to balance high inflation with ongoing concerns about the banking sector, after the dramatic decline of Silicon Valley Bank.