Stock Market News Today: Dow sheds 300 points on renewed banking fears

The losses follow a volatile trading session on Thursday as investors digested the Fed's latest interest-rate hike and fresh concerns over the banking turmoil that started two weeks ago with the collapses of Silicon Valley Bank and Signature Bank, before spreading to Europe with the rescue deal for Credit Suisse.

The US central bank hiked interest rates by 25 basis points on Wednesday, representing its 9th consecutive interest rate hike since it started the tightening policy in March 2022, and Chairman Jerome Powell signaled that further increases could be necessary. The drop in US equity futures also comes amid renewed jitters over the financial health of European lenders, with

Real bad effect

Worth revisiting, from '16...

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market news today: Resilience in US jobs market continuesUS stocks rise as fresh jobs data continues to show no sign of labor market weakness
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Stock market news today: Traders brace for big Fed policy decisionUS stocks slip ahead of Fed's decision on interest rates following bank crisis
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Stock market news today: Dow sinks as Powell deflates rate-cut hopesDow sinks more than 500 points after Fed delivers soft rate hike but Powell pushes back on expectations of cuts this year
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Stock market news today: Traders assess bank concerns and interest ratesUS stocks end higher in volatile session as traders assess rate outlook and bank concerns
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

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.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

STOCK MARKET NEWS: Tik Tok CEO testifies, Ford predicts $3B EV loss, Coinbase in SEC crosshairsStocks steady following global rate hikes, TikTok’s CEO to face Congress, Ford’s EV losses mount, new Starbuck’s CEO lays out challenges at coffee maker and SEC eyes Coinbase in crypto probe. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »