Not only that, the survey suggested banks widely expect to raise their standards over the course of 2023. That in turn could raise the risk of a recession that many investors already see as highly likely.Ī report Monday from the Federal Reserve showed many banks tightened their lending standards during the first three months of the year. The Nasdaq composite eked out a 0.1 gain. The larger concern for markets is that all the turmoil could cause banks to pull back on their lending. 2 days ago &0183 &32 The Dow Jones Industrial Average sank 1.2 in last weeks stock market trading. Dow Jones Industrial Average (DJI) Charts, Data & News - Yahoo Finance Dow Futures Nasdaq Futures 13,187.75 Russell 2000 Futures 1,744.00 Dow Jones Industrial Average (DJI) DJI - DJI. 10 Yr Crude Oil 69.37 Euro 1.1043 0.29 English Edition Print Edition Video Audio Latest Headlines More Home World Regions Africa Asia Canada China Europe Latin America. Weighed down by much higher interest rates, smaller and mid-sized banks are scrambling to assure Wall Street their deposits are secure and not at risk of seeing a sudden exodus, similar to the runs that toppled Silicon Valley Bank and others. 2 days ago &0183 &32 About WSJ DJIA 33127.74 U.S. The Dow Jones Industrial Average ticked up 30 points, or 0.1, after flipping between gains and losses, while the S&P 500 was up 0.3 and the Nasdaq Composite rose 0.5. Components of the DJIA are continually revised to. The S&P 500 lost 2.5 and the Nasdaq tumbled 3.2, their worst days in a month. The Dow Jones Industrial Average is now comprised of thirty (30) major American publicly traded companies. jobs, which calmed worries about a possible recession but raised concerns about high inflation, and fears about smaller and mid-sized banks dominated the previous week. Stay up to date with major market indices, exchange rates and futures. The Dow lost 765 points Thursday, or 2.3, the index’s worst day in three months. DJI YTD mountain The Dow Failing to hold above its 200-day moving average of 32,707 could mean more downside ahead for the 30-stock average, said JC OHara, chief technical strategist at Roth MKM.

The Dow Jones Industrial Average slipped 0.2% to 33,618.69 while the Nasdaq composite added 0.2% to 12,256.92.Ī strong reading on U.S.

Treasury yield fell as low as 3.30% before rebounding to 3.350%-still down from 3.401% late Wednesday.On Wall Street, the S&P 500 edged up by less than 0.1% to 4,138.12, coming off its worst week in nearly two months. Follow the Dow Jones Index with the interactive chart and read the latest Dow news, analysis and DJIA forecasts for expert trading insights. 10 Yr Crude Oil 72.62 Euro 1.1034 DJIA 33674.38 English Edition Print Edition Video Audio Latest Headlines Home World. The latest market data for all 30 stocks in the Dow Jones Industrial Average. Treasury yields after the European Central Bank raised its key interest rate by a quarter percentage point, a step down from the half-point increases enacted at its previous three policy meetings. Stock Market Today: What to Watch Stoxx 600 466.33 28949.88 0.71 U.S. The precious metal gained nearly 1%.Ī rally in bonds drove down U.S. Gold rose, briefly surpassing its record closing high in Asian trading hours, before paring gains. 'The cumulative effect of these bank failures will take its toll both on financial-market conditions and prompt nervousness among the investment community,' said Brian O’Reilly, head of market strategy at Mediolanum International Funds. The jitters followed the failures of Silicon Valley Bank, Signature Bank and, more recently, First Republic Bank. The KBW Nasdaq Regional Banking Index lost nearly 4%.

First Horizon sank by 34% after its $13.4 billion sale to Toronto's TD Bank was called off. The Dow Jones was developed by Charles Henry Dow and originally contained just 12 American companies. Western Alliance Bancorp sank 39% after it denied a report that it was exploring strategic options, including a potential sale. The Dow Jones Industrial Average is the most well-known share index in the USA. Pain was felt across the regional banking sector. The S&P 500 was down 0.7% and the Dow down 0.9%.

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