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European Shares Slump On SVB Contagion Concerns
European stocks fell sharply on Monday, as banks extended their worst two-day selloff in more than five months on concerns over the fallout from the Silicon Valley Bank (SVB) collapse and ahead of the ECB meeting and key U.S. inflation data due this week.
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1281 days ago
FTSE 100 Extends Declines As Banks Tumble
U.K. stocks tumbled on Monday after HSBC said it acquired the U.K. subsidiary of Silicon Valley Bank for 1 British pound to ensure the continuity of banking services, minimize disruption to the U.K. technology sector and to maintain the confidence in the financial system.
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1281 days ago
CAC 40 Extends Slide After SVB Collapse
French stocks fell on Monday to extend losses from the previous session in the wake of the Silicon Valley Bank (SVB) collapse and growing worries about the health of the U.S. financial system.
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1281 days ago
DAX Extends Declines As Banks Drag
German stocks were moving lower on Monday, as banks extended declines amid concerns around the fallout from the Silicon Valley Bank (SVB) collapse.
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1281 days ago
Asian Shares Mixed After SVB Collapse
Asian stocks ended mixed on Monday as regulators from across the world moved to assuage investor concerns of a global ripple effect coming from the United States.
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1281 days ago
Nestle Purina Expands Recall Of Prescription Dry Dog Food
Nestle Purina PetCare Co., affiliated to Swiss food and beverage giant Nestle SA, has expanded its recall of select Purina Pro Plan prescription dry dog food, citing potentially elevated Vitamin D, the U.S. Food and Drug Administration said. The recall of Purina Pro Plan Veterinary Diets EL Elemental or PPVD EL prescription dry dog food in 8 lb and 20 lb bags now includes two additional product...
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1281 days ago
U.S. Dollar Falls After U.S. SVB Collapses
The U.S. dollar came under pressure against other major currencies in the Asian session on Monday, as traders remain cautious amidst the fallout of the biggest U.S. bank failure since the 2008 financial crisis.
U.S. finance authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank.
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1281 days ago
more news
European Shares Poised For Positive Opening
European stocks may open on a positive note Monday after U.S. officials unveiled sweeping measures Sunday to cap the fallout from the sudden collapse of Silicon Valley Bank.
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1281 days ago
Sensex, Nifty Tad Higher In Early Trade Despite Weak Global Cues
Indian shares opened a tad higher on Monday after U.S. finance authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank.
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1281 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
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1282 days ago
Asian Markets Mixed In Cautious Trades
Asian stock markets are trading mixed on Monday, following the negative cues from global markets on Friday, as traders remain cautious and assess the fallout of the biggest US bank failure since the 2008 financial crisis. Data showing an increase in U.S. unemployment rate, and a drop in wage growth also raised concerns the US Fed will remain aggressive with regard to interest rate hikes.
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1282 days ago
Sensex, Nifty Seen Slightly Lower At Open; Adani Group Stocks May Rally
Indian shares may open lower on Monday after a sharp selloff in global bank stocks.
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1282 days ago
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Monday, extending the losses in the previous session, with the Nikkei 225 falling below the 27,700 level, following the broadly negative cues from global markets on Friday, with losses across most sectors, led by financial and technology stocks. Traders are cautious amid the biggest US bank failure since the 2008 financial crisis.
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1282 days ago
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