Financial Services
Stock market today: Wall Street steadies, bank stocks rise
Wall Street is holding relatively steady coming off its worst week in nearly two months as stocks of several beaten-down banks rally
Stock market today: Wall Street drifts as banks stabilize
Wall Street is holding relatively steady Monday ahead of a week full of reports on some of the market’s biggest worries, including how stubbornly high inflation remains across the economy
Stock market today: Asia shares trade mixed ahead of reports
Asian shares are trading mixed as investors take a wait-and-see view on the week ahead that’s full of reports on some of the market’s biggest worries, including stubbornly high inflation across the economy
Stock market today: Global markets up ahead of US jobs data
Global stock markets are mostly higher ahead of a U.S. jobs update while investors worry about the health of banks under pressure from interest rate hikes
Anxiety knocks regional banks, shares slump
Anxiety about a rush of withdrawals by customers of regional banks continues to roil the financial sector as PacWest Bancorp attempted to calm investors investors overnight with its shares plunged 45%
European Central Bank slows pace of rate hikes but vows more
The European Central Bank has slowed the pace of its interest rate increases, stepping back like the U.S. Federal Reserve from a string of jumbo hikes aimed at snuffing out inflation
Stock market today: Asian markets higher after US rate hike
Asian stock markets are mostly higher after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it isn’t sure what may come next
Stock market today: Wall Street dips as bank worries linger
Stocks are slipping as Wall Street’s worries about the U.S. banking system crank even higher
Stock market today: Wall Street sinks as bank fears flare
Stocks are falling as Wall Street’s worries about the U.S. banking system crank even higher
Stock market today: World shares mixed before Fed decision
World shares are mixed ahead of a decision on interest rates by the Federal Reserve