The market rally builds into the second straight day. Peter Tuchman discusses this rally, highlighting financial stocks include First Republic Bank (FRC), Western Alliance (WAL), and Comerica (CMA). He goes over some Fed speak noting that Yellen says that recent bank failures point up need to assess past deregulatory actions for banks. Peter then goes over S&P 500 sector laggards which include communication services, energy, and financials, while leaders include utilities, real estate, technology, and industrials. He also talks about what's fueling the latest rise in crypto. Finally, he previews personal income and outlays for February 2023 will be released tomorrow, March 31st. Tune in to find out more about the stock market today.
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