Page 3 - Ana Arsov News Today

Asian shares are mostly trading lower after worries about the U.S. banking system set off a decline on Wall Street and amid concerns closer to home about Chinese economic growth.

NEW YORK -- Wall Street slipped Tuesday as worries about the banking system and the global economy forced more caution into financial markets worldwide.

NEW YORK — Wall Street slipped Tuesday as worries about the banking system and the global economy forced more caution into financial markets worldwide.

The Moody's downgrade of 10 banks this week and warnings that more could be coming reignited concerns over U.S. regional banks.

Moody’s announcement that it had lowered the ratings of 10 small and midsized lenders was a sign that the “mini-bank crisis” that roiled Washington and Wall Street earlier this spring might not be over.

Americas banking sector is in a state of flux after ten regional firms had their credit ratings slashed by Moodys.

Moodys Investor Service Inc. is putting the United States banking system on notice.

Moody's on Monday cut the credit ratings of a host of small and mid-sized U.S. banks and placed several Wall Street big names on negative review.

Ten regional banks have had their credit ratings slashed by risk assessment firm Moodys - which warned it was considering downgrading a further six.

US stocks are falling as concerns about the banking system and the global economy force more caution into financial markets worldwide.