CNBC Daily Open: More trouble ahead for U.S. banks
Financial stocks had a bad day, thanks to Fitch’s warning of a downgrade and Minneapolis Fed President Neel Kashkari’s comments on tighter regulations.
Source: nbcnewyork.com
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Stock Markets: More trouble ahead for U.S. banks
Financial stocks had a bad day, thanks to Fitch's warning of a downgrade and Minneapolis Fed President Neel Kashkari's comments on tighter regulations.
Source: cnbc.com
Wall St. ends lower after Fitch U.S. rating cut
STORY: U.S. stocks closed down Wednesday, as investors took profits on five months of gains after rating agency Fitch downgraded the U.S. government's debt.
Source: marketscreener.com
Fed, Netflix earnings cast clouds over 2023's tech-stock surge
At the same time, strong employment data underscored worries that the Federal Reserve may not be on the verge of ending its most aggressive monetary policy tightening in decades.
Source: moneycontrol.com
Fed, Netflix earnings cast clouds over 2023's tech-stock surge
Next week, around 170 companies in the S&P 500 Index, representing 40% of its market capitalization, are set to post results, including tech bellwethers Microsoft Corp., Meta Platforms Inc. and Google parent Alphabet Inc. And on Wednesday, after the Fed announces its latest decision on interest rates, Chair Jerome Powell will provide clues on whether investors were correct to wager that its expected quarter-point rate hike will be its last
Source: indiatimes.com