European markets are heading for a lukewarm open Wednesday, with European stocks expected to be in mixed territory.
rose 2.4% in the January to February period, official data showed.China's fixed asset investment in the first two months of the year saw a rise of 5.5%, higher than expectations from economists polled by Reuters that predicted to see growth of 4.4%.the rate on 481 billion yuan of one-year medium-term lending facility loans at 2.75%.
Worried about contagion from the collapse of Silicon Valley Bank? Veteran strategist Kenny Polcari believes the impact from SVB's failure will be fairly limited. While investors are mostly shunning the banking sector in the short term, Polcari sees "some very interesting opportunities" in the space, as well as in other segments of the market.
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Will the Silicon Valley Bank collapse trickle from Wall Street to Main Street?A run on deposits at Silicon Valley Bank and Signature Bank have caused concern at other regional banks that lend heavily to small and mid-size businesses.
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Bank stocks plunge and gold rises as Wall Street deals with uncertaintyThe most pressure is on the regional banks one or two steps below in size of the massive, “too-big-to-fail” banks that helped take down the economy during the 2008 financial crisis.
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Bank stocks plunge and gold rises as Wall Street deals with uncertaintyThe most pressure is on the regional banks one or two steps below in size of the massive, “too-big-to-fail” banks that helped take down the economy during the 2008 financial crisis.
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Bank stocks drop and S&P 500 swings as Wall Street shakesNEW YORK (AP) — Wall Street is worried about what may be next to topple following the second- and third-largest bank failures in U.S. history, and stocks are swinging sharply Monday as investors scramble to find someplace safe to park their money.
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Wall Street rises in choppy trade as markets weigh rate hike pause, bank contagion risksShares of big U.S. banks, including JPMorgan Chase & Co, Citigroup, and Wells Fargo fell between 1% and 6.3%.
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Bank stocks dive as Wall Street trembles amid SVB failureTrading halted at more than a dozen regional banks after prices continued to free fall.
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