By Reuters – published by Yahoo!news and Matichon SILICON Valley Bank’s collapse pressured global bank stocks further today (Mar. 14) as investors fretted over the financial health of some lenders, in spite of assurances from US President Joe Biden and other policymakers. An indicator of credit risk in the eurozone banking system leapt to
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Wall St tumbles to biggest loss in two years following CPI data
By Reuters and published by US News & World Report New York – A broad sell-off sent US stocks reeling yesterday (Sept. 14) after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months. All three major US stock indexes veered sharply lower,
Read moreEuropean and US stocks climb as Russia starts returning some troops to base
By Chloe Taylor, CNBC London – European stocks were higher today (Feb. 15) after Russia announced it had begun returning some troops to deployment bases, tentatively raising hopes of de-escalation on the borders of Ukraine. The pan-European Stoxx 600 index climbed 1.2% during afternoon trade, with healthcare stocks adding 2% to lead gains as
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