US stocks tumbled on Friday as traders digested fresh concerns in the global banking sector and the Federal Reserve's outlook on interest rates.
Bank shares led the dive. Deutsche Bank sank 14% in Frankfurt on concerns about the health of the German lender. Shares of UBS and Credit Suisse also fell afterBond yields are down across the curve this morning. Yields on the two-year Treasury are the lowest they've been in six months as investors eye a pause in rate hikes from the US central bank later this year.
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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.
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »
JPMorgan defends Deutsche Bank stock, says market getting it wrongShares of the German lender slid more than 11% on Friday following a spike in the company's credit default swaps Thursday night. Yeah, I always win when I tell the market it’s wrong 😁. “Stop filled” Don't say it,just buy it.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
European stocks fall as Deutsche Bank sparks another bank routA steep sell-off in banking stocks hit European indexes on Friday as worries about the stability of the financial sector intensified, with Deutsche Bank tumbling as cost of insuring the German bank's debt against the risk of default jumped to a more than four-year high.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »