Why are US banks collapsing??? An association of the biggest banks in the United States put BILLIONS of USD together the help rescue the reported “failing bank” First Republic Bank. First Republic Bank a commercial bank that also provide wealth management services. First Republic Bank is a bank that is known to cater to wealth […]
On Friday, stocks fell as the 10-year Treasury yield increased which raised more general worries on the status of the economy. The Nasdaq Composite fell 0.8% while the S&P 500 declined 0.6% and was headed for its first losing week in three. American Express led the Dow Jones Industrial Average down 118 points, or 0.4% […]
In early Friday trade, Tesla Inc. (TSLA, -3.87%) shares fell 3.2%, breaking below a critical mark on the chart that may indicate the beginning of a longer-term slump. Following Tesla’s dismal earnings announcement, the stock fell 16.4% over a three-day losing streak. Tesla was on track to have its worst three-day performance since it fell […]
