Are bank stocks a safe investment right now? What to know

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Bank stocks stumbled this week after S&P Global Ratings downgraded the credit ratings of five banks -- just two weeks after Moody's cut the credit ratings of 10 small and midsize banks. Carleton English, a reporter at Barron's, joins CBS News to discuss what's behind the recent downgrades and whether investors should be concerned.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 87. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of America Corp. stock rises Wednesday, still underperforms marketShares of Bank of America Corp. inched 0.04% higher to $28.45 Wednesday, on what proved to be an all-around great trading session for the stock market, with...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market today: Global shares mostly rise after Wall Street rallyGlobal markets are mostly rising after Wall Street rallied to its best day since June as pressures from the bond market relaxed a bit.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Global shares mostly rise after Wall Street rallyGlobal markets are mostly rising after Wall Street rallied to its best day since June as pressures from the bond market relaxed a bit.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Global shares mixed ahead of a speech by the Federal Reserve chairGlobal shares are trading mixed as investors digest a blowout profit report from Nvidia and mixed reports on the United States economy.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Global shares mixed ahead of a speech by the Federal Reserve chairGlobal shares are trading mixed as investors digest a blowout profit report from Nvidia and mixed reports on the United States economy.
Source: wjxt4 - 🏆 246. / 63 Read more »