Thursday's Bank Stocks: Markets flat after yesterday's rate hike fueled gains
U.S. markets closed flat Thursday, March 16, following the Federal Reserve's decision to raise interest rates Wednesday.
The SNL U.S. Bank Index increased 0.52% to 560.95 and the SNL U.S. Thrift Index climbed 0.63% to 933.62. The Dow Jones Industrial Average slipped 0.07% to 20,934.55, the S&P 500 lost 0.16% to 2,381.38 and the Nasdaq composite index ticked up 0.01% to 5,900.76.
The White House released its fiscal year 2018 budget blueprint on the same day that weekly jobless claims ...