News Formal

US stocks fall as banks face fresh pummeling

  • 📰 malaymail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

NEW YORK, March 15 — Wall Street stocks were back in selloff mode early Wednesday as banking shares faced a fresh hammering amid worries that more lenders could fail. Major...

NEW YORK, March 15 — Wall Street stocks were back in selloff mode early Wednesday as banking shares faced a fresh hammering amid worries that more lenders could fail.

The descent in stocks marks a reversal from Tuesday's benign session, in which major indices advanced on an apparent easing of anxiety over the financial system. The losses came as large European banks suffered ugly drops of eight per cent or more while Credit Suisse plunged almost 30 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks fall as banks face fresh pummelingNEW YORK, March 15 — Wall Street stocks were back in selloff mode early Wednesday as banking shares faced a fresh hammering amid worries that more lenders could fail. Major...
Source: malaymail - 🏆 1. / 86 Read more »