Dow Jones futures fall 600 points following international bank shares' sharp decline

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 94%

United States Headlines News

United States Latest News,United States Headlines

Dow Jones and several other stock futures fell on Wednesday morning as pressure on financial institutions continues to increase following the collapse of Silicon Valley Bank and a dip in Credit Suisse shares.

Futures tied to Dow Jones Industrial Average fell 602 points, or 1.9%, while S&P 500 and Nasdaq-100 futures fell 1.9% and 1.6%, respectively — the latest sign of a growing financial crisis after Silicon Valley Bank collapsed last week following nearly a billion dollar negative cash balance.

Source: Loan Digest (loandigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

NEVER UNDER ESTIMATE JOE BIDENS ABILITY TO FUCK IT UP LOVE BARACK.

Climate change

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:

 /  🏆 6. in US

United States Latest News, United States Headlines

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

Junkyard Gem: 1987 Dodge 600 SedanA 1987 Dodge 600 sedan, one of the members of the extended Chrysler K-Car family, found in a Northern California self-service wrecking yard.
Source: therealautoblog - 🏆 528. / 51 Read more »

Biden administration approves vast Willow oil project in AlaskaJUST IN: The Biden administration will approve ConocoPhillips' Willow oil project located on a portion of Alaska's North Slope that is one of the last unspoiled wilderness areas in America. Kind of hypocritical of Uncle Joe, if you ask me. 'We didn't ask you.' Okay, sorry. Biden begging the Saudis didn't work, so this is the next best thing. Ukraine must need our oil in addition to our money. 🤦‍♂️
Source: axios - 🏆 302. / 63 Read more »

Dow falls more than 150 points Monday as pressure from bank shares mounts: Live updatesInvestors were monitoring developments out of Washington for details on next steps in the Silicon Valley Bank crisis. Hard to believe people still actually give their hard earned $ to the WS organized crime ring, like you’re actually investing in anything, only to watch it vanish in milliseconds into an algorithmic abyss, degenerate gamblers, better odds at the other casinos.
Source: CNBC - 🏆 12. / 72 Read more »

SVB collapse: Dow opens down more than 300 points amid bank failure falloutThe market is reacting to Silicon Valley Bank's failure on Monday morning, with major indices in the red and shares of several smaller banks collapsing. BidenBankFailure If Biden fall on stairs to a plane the market uses it for an excuse. Everyone needs to remember, you need a buyer inorder to sell. And the big boys make their 1.5% on both ends. They love it.
Source: dcexaminer - 🏆 6. / 94 Read more »

Dow falls for fifth straight session as S&P 500 erases early gains; Nasdaq ends higherU.S. stocks finished mostly lower on Monday as the main indexes pared early gains while falling bank stocks continued to weigh on the market. The Dow Jones Industrial Average fell by 90.50 points, or 0.3%, to 31,819.14.
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow falls for a fifth day despite emergency backstop of Silicon Valley Bank: Live updatesThe Dow dropped on Monday as a plan to backstop all the depositors in failed Silicon Valley Bank, along with other extraordinary measures, failed to boost bank shares. - The Dow fell 90 points - The S&P 500 shed .15% - The Nasdaq rose .45% WHY are they so happy? Shorters? LGB SO its a bailout
Source: CNBC - 🏆 12. / 72 Read more »