CNN CNN Newsroom June 4, 2024 17:14:00
Across the board here. pac west, western alliance, all of them in the red. first republic, a very significant decline. this is really the market saying to washington, this is not enough. what's been done so far is not enough. more is going to have to be done. and what is interesting, too, is let's look at the big banks, the ones that came to the rescue are also in the red today. bank of america, citigroup, jpmorgan, wells fargo. looking at the broader markets, we see still down off the lows, though the nasdaq is only down by 0.6%, but, still, the relief rallied from yesterday has proved to be ...