US stocks fall as turmoil in regional banks resumes and Credit Suisse gets a lifeline
"While we remain cautious on stocks, we don't expect any kind of repeat of the 2008 financial crisis and we believe investors should be focused on how the Federal Reserve proceeds with its efforts to reduce inflation, which still remains high," Ryan Belanger, managing principal at wealth management firm Claro Advisors, in a Thursday note.
Thursday marks one year since the Federal Reserve embarked on its most aggressive run of rate hikes in decades. The abrupt failure of SVB after higher interest rates hammered the value of a big bond portfolio at the lender spurred traders to start pricing in a potential pause in rate hikes at the Fed's March 21-22 meeting.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stock Market Today: Dow Futures Drop 600 Points, Credit Suisse Stock Price Down 25%The Dow dropped more than 500 points as banking fears increased and Credit Suisse shares tumbled. Treasury yields fell sharply.
Lire la suite »
UBS upgrades this regional bank stock that can rally more than 50%The Wall Street firm said this bank is positioned well for a lower interest rate environment.
Lire la suite »
CS Stock Price | Credit Suisse Group AG ADR Stock Quote (U.S.: NYSE) | MarketWatchCS | A complete CS overview by MarketWatch. View the latest market news and prices, and trading information.
Lire la suite »
FDX Stock Price | FedEx Corp. Stock Quote (U.S.: NYSE) | MarketWatchFDX | Complete FedEx Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Lire la suite »
Stock market news today: The Dow tries to break 5-day losing streakUS stocks rise as inflation data comes in line with expectations and investors shake off SVB fears
Lire la suite »
Stock market news today: Dow snaps 5-day losing streak after CPIUS stocks rise as bank shares rebound and CPI shows inflation continues to cool
Lire la suite »