CNN CNN Newsroom Live June 4, 2024 06:49:00
Points, or about 1.2%. the nasdaq slipped .7%. and the s&p 500 fell more than 1%. while there was a steep sell-off in the banking sector, a sign that investors are not satisfied with the response to the financial turmoil. first republic saw its credit ratings downgraded by moodys, which says the bank is facing significant challenges. shares of first republic plunged about 33% on friday. meanwhile, pac west is down about 19% and zions bank fell more than 7%. investors are hoping next weeks federa...
Source: archive.org