Investors hoped the two-week pause in fighting would ease a global oil shortage.
The anticipated interest rate cuts would deliver relief for many consumers -- but not all of them.
Investors seem nervous about the banking sector as First Republic continues stumbling and SVB Group files for bankruptcy
The Dow opened the day with a decline of more than 500 points Wednesday as banking fears spread across global markets, though the index pared losses to close the day down about 281 points, or 0.9%.
Investors took a break from selling in May and going away, for one day at least.
A Morgan Stanley wealth advisor joined ABC7 to discuss the stock market's recent ups and downs.