Bank stocks tumble; others rise on hopes of easier interest rates

NEW YORK — But much of the rest of the market is rising on hopes the fear will force the Federal Reserve to take it easier on its economy-rattling hikes to interest rates.

Huge banks, which have been repeatedly stress-tested by regulators following the 2008 financial crisis, weren’t down as much. JPMorgan Chase fell 1.3%, and Bank of America dropped 3.3%. Some investors are calling for the Fed to make cuts to interest rates soon to stanch the bleeding. The wider expectation, though, is that the Fed will likely pause or hold off on accelerating its rate hikes at its next meeting later this month.

The fear was that stubbornly high inflation would force the Fed to get even tougher, and investors were bracing for the Fed to keep hiking at least a couple more times after that. That has hurt the investment portfolios of banks, which often park their cash in Treasurys because they’re considered among the safest investments on Earth.

All the fear led the price of gold to climb, as investors looked for things that seemed safe. It rose 2.4% to $1,911.30 per ounce.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Bank stocks drop and S&P 500 swings as Wall Street shakesNEW YORK (AP) — Wall Street is worried about what may be next to topple following the second- and third-largest bank failures in U.S. history, and stocks are swinging sharply Monday as investors scramble to find someplace safe to park their money. Poor rich people. I here Switzerland is nice this time of year. You can even evade taxes there. 😭😭✋🏿💀💀✋🏿✋🏿Goddess has been working on ending the 1% since 2021😭😭✋🏿✋🏿💀
ソース: AP - 🏆 728. / 51 続きを読む »

Bank analysts reshuffle ratings in response to seismic shifts in industryDemise of Silicon Valley Bank and Signature Bank and Monday's sharp drop in shares of First Republic Bank lead analysts to reshuffle ratings on bank stocks. Go figure... Revising targets upwards and handing out buy ratings like candy on Halloween - sh** is criminal They shouldn't of moved shit it's only adding fuel to the fire
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Stock Market Today: Regional Bank Shares Tumble After Regulators Announce Silicon Valley Bank PlanRegional bank shares slid premarket and investors piled into the safety of bonds after regulators tried to limit the damage from Silicon Valley Bank's collapse creditscom creditscom creditscom
ソース: WSJ - 🏆 98. / 63 続きを読む »