Stock market news: Indexes trade mixed amid Credit Suisse troubles

US stocks recovered some losses to end mixed on Wednesday after Europe added to banking crisis fears that have been ripping through the market. hitting a new all-time low in intraday trading. Investors were rattled by news that the bank's biggest backer, Saudi National Bank, would not provide additional capital.

But the Swiss National Bank later said it will provide Credit Suisse with liquidity, if necessary, adding that it"meets the capital and liquidity requirements imposed on systemically important banks." Treasury yields continued to fall as investors dialed back expectations of Fed rate hikes. The yield on the 2-year Treasury sank 30 basis-points to 3.925%, extending its fall after notching a three-day record decline on Monday.

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Stock Market Today: Dow Futures Drop 600 Points, Credit Suisse Stock Price Down 25%The Dow dropped more than 500 points as banking fears increased and Credit Suisse shares tumbled. Treasury yields fell sharply. Probably good for inflation. “Edna! Get my broker on the line! We’re putting everything in Gold! We’re circling the drain! And bring the Maker’s Mark with you!”
Source: WSJ - 🏆 98. / 63 Read more »

STOCK MARKET NEWS: US stocks tumble, Credit Suisse shares fall sharplyWall Street falls sharply, Credit Suisse weighs on European banks. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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