*WALL STREET TUMBLES AS CREDIT SUISSE SPARKS FRESH BANK SELLOFF; DOW DOWN 550 POINTS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
NEW YORK - U.S. stocks fell sharply on Wednesday as turbulence at Credit Suisse revived fears of a banking crisis, eclipsing bets of a smaller interest U.S. rate hike in March following weak economic data.
"They've tightened at the steepest, most dramatic rate that we've seen since 1980 and so I think this could be the opportunity for them to pause," said Cresset Capital CIO, Jack Ablin. "Anything negative from any highly visible institution, in this case Credit Suisse, is going to have ripple effects across the financial sector," said Michael James, managing director of equity trading at Wedbush Securities.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Wall Street drops as Credit Suisse sparks fresh bank selloffU.S. stocks dropped on Wednesday as turbulence at Credit Suisse renewed fears of a banking crisis, while data hinting at economic weakness kept alive hopes of a less aggressive monetary policy move by the Federal Reserve in March.
Les mer »
Wall Street tumbles as Credit Suisse sparks fresh bank selloffU.S. stocks dropped on Wednesday as turbulence at Credit Suisse revived fears of a banking crisis, eclipsing bets of a smaller interest rate hike in March following weak economic data.
Les mer »
Wall St drops as Credit Suisse sparks fresh bank selloff By Reuters⚠️BREAKING: *WALL ST OPENS LOWER AS CREDIT SUISSE RENEWS BANK WORRIES $DIA $SPY $QQQ $IWM $VIX
Les mer »
Will the Silicon Valley Bank collapse trickle from Wall Street to Main Street?A run on deposits at Silicon Valley Bank and Signature Bank have caused concern at other regional banks that lend heavily to small and mid-size businesses.
Les mer »
Credit Suisse unease sparks fresh selloff in world stocksRenewed unease gripped world markets on Wednesday as news that Credit Suisse's largest investor said it could not provide the Swiss bank with more financial assistance sent its shares and broader European shares sliding once more.
Les mer »
Credit Suisse unease sparks fresh selloff in world stocks By Reuters⚠️BREAKING: *EUROPEAN STOCKS PLUNGE AS CREDIT SUISSE UNEASE SPARKS FRESH SELLOFF IN BANKS 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇬🇧
Les mer »