Deutsche Bank drops, weighing on banking stocks and Scholastic tumbles on disappointing results

Here are some of the more active stocks in premarket trading on Friday, with stock markets pulling back over signals of more bank distress from Europe.Torrid Holdings Inc. CURV stock rose 9% in premarket trading after the plus-size retailer’s fourth-quarter sales topped estimates and its loss narrowed.

U.S.-listed shares of Deutsche Bank AG tumbled nearly 10% in premarket trading, tracking losses in Europe. Weakness came a day after the German lender’s 5-year credit-default swaps widened, which was reportedly the biggest one-day rise in its history.

rumours of Euro to be increased to 100 basis points in the next ECB meeting!!

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Analysis: Fed pause before European peers to lift Treasuries, European stocksAs markets bet banking turmoil will prompt the Federal Reserve to pause rate hikes before Europe, U.S. bonds and European equities are tipped to win from the recent ructions. The Fed is screwed. Soon, however, they will be able to point the blame at Iran Three people President Biden needs to fire immediately. Powell just put himself at the top of the list. Ahead of DeJoy and Wray.
Fuente: Reuters - 🏆 2. / 97 Leer más »

Stock Market Today: Dow Futures Fall; Deutsche Bank SlumpsStock futures fell on renewed concerns about banking stability. Shares of lenders dropped sharply in Europe, with Deutsche Bank down more than 10%. Congress needs to step up.
Fuente: WSJ - 🏆 98. / 63 Leer más »