Stock Market Today: PacWest Tumbles; Oil Steadies

  • 📰 WSJ
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Aftershocks from March’s banking turmoil rumble on, even as the end of the Federal Reserve’s aggressive rate-rise campaign approaches

Aftershocks from March's banking turmoil rumbled on, even as the the Federal Reserve's aggressive rate-rise campaign approaches its end.The bank said it was talking to potential partners and investors, and would keep evaluating "all options to maximize shareholder value."before the opening bell: Western Alliance Bancorp slid 23%, while Comerica and Zions Bancorp fell by 9% and 10%, respectively. First Horizon sank nearly in half after its $13.

4 billion sale to Toronto's TD Bank was called off.. Most-traded contracts for WTI, the U.S. benchmark, hovered around $69 a barrel after a mini-flash crash early Thursday. They are down more than 10% in the past three sessions., briefly surpassing their record closing high in Asian trading hours, before paring gains. The precious metal was most recently up more than 0.7% at about $2,051 a troy ounce.ahead of a big earnings day, with Apple and other big companies on tap.

 

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:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Stock market news today: Fed meeting starts with rate hike expectedUS stocks fall as Fed meeting kicks off and traders prep for another rate hike
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market news today: Investors await Fed rate hike amid bank crisisUS stocks fall as investors prepare for another interest rate hike from the Fed
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market today: World shares mixed before Fed decisionEuropean shares opened higher Wednesday following losses in Asia ahead of a decision on interest rates by the Federal Reserve.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: US futures tick up before Fed decisionWall Street pointed slightly higher as markets digest more corporate earnings while waiting for a decision on interest rates by the Federal Reserve.
Source: KPRC2 - 🏆 80. / 68 Read more »

Stock Market Today: Dow stabilizes ahead of Fed rate decisionMarketWatch Live: Stocks post tentative gains with Fed rate decision due at 2
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market Today: Dow remains up slightly as Fed delivers hikeFed raises interest rates a quarter point, saying inflation remains 'elevated'
Source: MarketWatch - 🏆 3. / 97 Read more »