US stocks surged on Monday after Friday’s free fall; AAPL, MSFT rise

Let’s explore the recent stock performance and financial highlights of M&T Bank Corporation (MTB), Dollar General Corp (DG), and UnitedHealth Group Incorporated (UNH).

US stocks closed the week on a low note on Friday, September 23, while Dow Jones fell to its lowest level in 2022, as investors grew concerned over an economic slowdown due to the macroeconomic headwinds.

US stocks retreated on Thursday, September 22, as the latest move of the Federal Reserve to tame inflation has renewed fears over a potential recession among investors.

Wall Street indices extended their losses on Wednesday, September 21, after the Federal Reserve announced another 75 basis point hike for the third time.

Wall Street indices closed lower on Tuesday, September 20, as investors treaded cautiously with a focus on the Fed's two-day meeting that kicked off today.

US stocks closed the session higher on Monday, September 19, ahead of the Federal Reserve's September meeting, which would kick off on Tuesday. The investors would keep a close watch on the meeting.

Investors typically watch corporate earnings closely for cues on the economy's health. The companies' quarterly earnings results clearly show how they have performed in that period.

Highlights,•    Invictus Energy’s latest announcement reveals a significant development related to its 80% owned and operated Cabora Bassa project in Zimbabwe.,•    The exploration rights of the Sovereign Wealth Fund of Zimbabwe for EPOs 1848 and 1849 hav...

The Labor Department data released recently revealed that the increase in August pushed the YTD shelter inflation to 6.3 per cent.

Wall Street indices ended the week on a low note on Friday, September 16, as the investors remained concerned about the aggressive rate hikes by the central bank at their upcoming meeting.