World Stocks Fall As Banking Fears Grow (ap)

World stock markets dropped Wednesday as fears that mounting bank losses will deepen the world economic slump overshadowed the promises of recovery in President Barack Obama's inaugural speech.

Topics:  president barack obama   world   fears   
BING NEWS:
  • 3 Fintech Growth Stocks That Are Screaming Buys in June
    Financial technology, or fintech, is crowded with many companies jockeying for market share. It's for a good reason. According to Fortune Business Insights, the global fintech market is worth ...
    06/12/2024 - 9:05 pm | View Link
  • Rally in Stocks and Bonds Will Power Past a Hawkish Fed, Survey Shows
    (Bloomberg) -- Investors shed their fears of a hawkish Federal Reserve, according to Bloomberg’s latest Markets Live Pulse survey, signaling that slower inflation means a soft landing remains in play.
    06/12/2024 - 11:31 am | View Link
  • Bank stocks and corporate bonds hold gains on flat inflation report and Fed update
    The SPDR S&P Regional Banking exchange-traded fund KRE jumped 3.4% as it regained some of its losses for the year tied to higher interest rates and commercial-real-estate exposure. So far this year, ...
    06/12/2024 - 7:59 am | View Link
  • Soft Inflation Data Boosts Small Caps, Real Estate, Regional Banks; Traders Anticipate Fed Rate Cuts As Stocks React
    U.S. inflation slowed in May, boosting rate cut prospects. Markets rally ahead of FOMC meeting and assign 70% chance of rate cut in September.
    06/12/2024 - 5:09 am | View Link
  • France’s borrowing costs surge as Macron calls snap election
    France’s government faces its highest borrowing costs this year after Emmanuel Macron’s shock decision to call a parliamentary election. The yield on 10-year French bonds has climbed as much as 10 ...
    06/10/2024 - 6:23 am | View Link
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