London stocks drop as Credit Suisse crisis reignites bank selloff

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London stocks extended declines as Swiss lender Credit Suisse's drop to a record low in the aftermath of Silicon Valley Bank's collapse sparked a wide sell-off in banking shares.

was down 2.7%, hitting its lowest level so far this year with almost all FTSE 350 sectors trading in the red.

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What is the nature of the 'Credit Suisse crisis'?

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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!”
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »

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.
مصدر: FoxBusiness - 🏆 458. / 53 اقرأ أكثر »