BLOOMBERG Bloomberg July 4, 2024
Katie welcome to bloomberg markets. Take a look at markets now and you have the big benchmarks fighting to stay green even as we worry about regional banks. The s p 500 is higher by 0. 2 and big tech is slightly better. The nasdaq 100 is up about 0. 4 . Kre is an etf that tracks regional banks and its off by about 2. 2 or so. The new York Community bank shares are at the lowest since 1996. They are plunging once again for the commercial real estate lender said it found Material Weaknesses and how it tracks loan risks. Hermann chan joins me now. Could this test put this into context. We were wa...