Stocks sink; Treasury yields, dollar fall; Fed, debt ceiling in focus

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Bank stocks underperform sharply on Wall Street on Tuesday, May 2, after the weekend failure of First Republic Bank.

Meanwhile regional US banks posted massive declines, dragging the S&P 500 bank index down 3.2% after the failure over the weekend of First Republic and the agreed sale of its assets to JPMorgan Chase.steep deposit outflows

“Couple that with the Fed’s rate decision tomorrow and you’ve elevated levels of anxiety in financials spilling over the market in general…the debt ceiling limit is part of an elevated anxiety,” James said. In currencies, the dollar index, which measures the greenback against a basket of major currencies, fell 0.245%, with the euro up 0.25% to $1.1002.

US Treasury investors strengthened bets that the Federal Reserve will reverse its interest rate-hiking course sooner than expected, amid a wide sell-off in regional bank stocks and signs that government funds will run short by June.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 4. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

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。

Wall Street stocks end lower, dollar gains after data; Fed, earnings in the wingsThe Dow Jones Industrial Average falls 0.14%, the S&P 500 loses 0.04%, and the Nasdaq Composite drops 0.11% on Monday, May 1.
ソース: rapplerdotcom - 🏆 4. / 86 続きを読む »

World Bank launches more robust, transparent business climate rankingsA new World Bank annual series called 'Business Ready' will replace the 'Doing Business' rankings that had been scrapped in 2021 over data irregularities and favoritism toward China.
ソース: rapplerdotcom - 🏆 4. / 86 続きを読む »