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Asian shares dip after credit woes hit Wall StreetAsian shares declined Friday as US bank bad loans and credit market concerns dampened investor sentiment. Gold and silver hit record highs ...
US stock market: Wall Street ends lower as Oracle tumbles on weak forecastOracle shares dived to their lowest since June after the cloud-services provider forecast current-quarter revenue below targets and narrowl...
S&P 500 dips as oil prices fan inflation fear, Oracle slumps on weak forecastInvestors are awaiting August consumer price index data due on Wednesday and producer prices reading scheduled for Thursday to gauge the ou...
US stock market: S&P 500, Dow end lower; strong retail sales stoke interest rate worriesBanks saw the brunt of the selling as investors grew more anxious about interest rates. The U.S. Treasury yield curve has been inverted for...
US bank stocks rebound, regional banking index hits 6-week highShares of major US banks and regional lenders rose on Tuesday, with the KBW Regional Banking index reaching its highest level since April. ...
Nasdaq rallies as investors cheer inflation data, AlphabetThe Nasdaq rose to its highest level in over eight months, boosted by April's less-than-expected increase in inflation and the rollout of A...
US stock market: S&P 500, Dow end down as PacWest fuels fears of deeper bank crisisShares in regional banks decreased, and fears about the health of US lenders intensified, sending Wall Street lower on 22 April. The KBW Re...
PacWest, Western Alliance stocks plunge as US regional banking woes worsenFirst Republic's collapse, the third major casualty of the biggest crisis to hit the U.S. banking sector since 2008, rekindled a slide in s...
Wall St slips on mixed earnings, higher Treasury yieldsWall Street experienced a dip on Wednesday due to a rise in Treasury yields and mixed earnings from regional banks. Tesla fell 1.6%, while ...
As earnings season begins, S&P 500 forecast looks less weak"While we don't think earnings season will bring much in the way of good news, expectations are low enough that we may see stocks hold up a...
Banking crisis: Indian IT-BPM companies may feel the heatThe collapse of large banking institutions may not only lead to a reduction in existing business but also trigger reduced tech spending in ...
First Republic shares tumble again as liquidity worries linger; peers reboundShares of First Republic Bank extended a recent slump on Monday with a 15% drop, after a report the regional bank could raise more money fa...
8-U.S. banks shake off immediate SVB contagion fearsWorries about contagion risks from the collapse of the two U.S. banks had compounded investor concerns about the impact on lenders of risin...
Wall Street Week Ahead: Investors shelter in US regional banks as Fed hikes loomRegional banks make a hefty chunk of their revenues from net interest margins, boosting their appeal as investors increasingly expect the F...
Wall Street Week Ahead: Regional bank loan growth could hint at healthier supply chainsIf regional banks show signs of accelerating loan growth when they report earnings in the week ahead, it could signal an easing of the supp...
- US banks like Bank of America and Citigroup may face margin pressure from Federal Reserve rate policy
Bank of America and Citigroup are among lenders that may find it more difficult to boost profits and capital after the Federal Reserve pled...
- US govt buys $159 bn worth shares in 30 American banks
The US government, under its $700-billion bailout plan, has purchased shares in 30 American banks for a total of over $ 150 billion. Slowdo...