NEW YORK (Reuters) - Citigroup Inc and Bank of America Corp shares rallied in premarket trading ahead of the release of "stress test" results that will force them and other top banks to raise tens of billions of dollars in capital.
Similar Stories to U.s. Banks Rally Ahead Of Stress Test Results on Bing News
Reuters: Top News, Reuters
Thu, 05/07/2009 - 6:40am
Topics: bank of america banks citigroup stocks stress test
RELATED ARTICLES
- LinkedIn Shares Slide After Disappointing Outlook
LinkedIn's surging share price cooled Friday as the social network projected slower revenue growth next quarter following a decision to lower the number of display ads that the website shows. More - Stocks surge to new highs after hiring climbs
A big gain in the job market is lifting the stock market to new milestones. The Dow Jones industrial average crossed 15,000 for the first time early Friday, and the Standard and Poor's 500 index, a broader market measure, broke through 1,600 for the first time. More - Google searches predict market moves
As the search volume on generic terms such as "debt", "portfolio" and "stocks" fell, the Dow Jones average tended to go up - and vice versa. An investment strategy based on these search volume data between 2004 and 2011 would have made a profit of 326%. More - Pope hints at possible changes to scandal-ridden Vatican bank
Pope Francis has indicated for the first time that he may make changes to the Vatican's scandal-ridden bank as part of a broad review of the Holy See's troubled administration. More - How a phony tweet and computer trades sank stocks
For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble. No sooner did hackers send a false Associated Press tweet reporting explosions at the White House on Tuesday than investors started dumping stocks - eventually unloading $134 billion worth. More
BING NEWS:
- News
May 17, 2024 • More than 5,000 Mercedes-Benz workers who build luxury SUVs in Alabama were eligible to vote on whether to join the UAW. Workers faced intense anti-union messaging from Mercedes ...
05/17/2024 - 1:00 pm | View Link - ECB says stress in home loans manageable despite high rates
Stress in the euro zone market for home loans is "manageable" despite higher interest rates stretching borrowers and lax checks by some banks, the European Central Bank said on Wednesday.
05/14/2024 - 11:52 pm | View Link - Weekly Commentary: Citadel Vs. Jane Street
"Jane Street estimates that, thanks to its strong growth in equities wholesaling, it accounted for 10.4% of all North American equity trading in 2023, up from 7.6% in 2022. In other words, it is ...
05/10/2024 - 10:56 pm | View Link - Fed report: Climate change could raise loan defaults for biggest banks
The Federal Reserve Thursday released a report on its climate scenario analysis pilot assessing the impact of climate change on big bank portfolios and found that loan defaults could increase as a ...
05/9/2024 - 9:38 am | View Link - Stock-market bulls face test as consumers start to show signs of stress
As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble for the ...
05/5/2024 - 5:00 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more