U.S. stocks trimmed sharp losses Wednesday afternoon following a report that Swiss authorities and Credit Suisse held talks aimed at stabilizing the troubled lender. Bloomberg, citing people familiar with the matter, said CS leaders and government officials have discussed options that ranged from a public statement of support to a potential liquidity backstop.
Ideas also discussed included a spinoff of the Swiss unit or a tieup with rival UBS Group AG, the report said, adding that people involved cautioned it was unclear what, if any, measures would be executed. The Dow Jones Industrial Average DJIA, -1.23%, was off 331 points, or 1%, after falling more than 700 points at its session lows. The S&P 500 SPX, -1.05% was dwon 0.8%, while the Nasdaq Composite COMP, -0.31% was off less than 0.1%.
Sounds like it's time for Credit Suisse to start playing the stock market!
If you look at the history of Credit Susie $CS for the last 5 years, it's been tanking for a long time now. Credit Susie was tanking even during the Trump years. Why do people look to Credit Susie as an indicator of how the market is doing?
Bailout !?
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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.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »
Credit Suisse unease sparks fresh selloff in world stocks By Reuters⚠️BREAKING: *EUROPEAN STOCKS PLUNGE AS CREDIT SUISSE UNEASE SPARKS FRESH SELLOFF IN BANKS 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇬🇧 Woohoo I’m happy that I use creditscom app
مصدر: Investingcom - 🏆 450. / 53 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 »
Stocks making the biggest moves premarket: Credit Suisse, Lennar, PacWest & moreShares of Credit Suisse and several other European banks were halted from trading as prices plummeted. Because they Fed just propped them up. Everything things fine
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Regional bank stocks plunge as Credit Suisse, Moody’s downgrade rattle US marketRegional bank stocks plunged as part of a major premarket selloff on Wednesday morning. Reckless spending, on COVID vaccines, and hopelessly self destructive Ukraine war effort, by the govts coming to haunt European, US banking sector? Which other sectors are going to go down? Soon the comedian ZelenskyWarCriminal will ask for more money, and Brandon will provide him with another $100 billion. Way to go BIDEN - asleep at the wheel
مصدر: nypost - 🏆 91. / 67 اقرأ أكثر »