Stock Futures Waver Amid Fed Pause and PacWest Slide
TL;DR Summary
US stocks opened lower as PacWest Bancorp's move to explore strategic options raised concerns about the health of regional banks, offsetting optimism from the Federal Reserve signaling a likely pause in interest rate hikes. The Dow Jones fell 0.20%, the S&P 500 dropped 0.20%, and the Nasdaq Composite declined 0.23% at the opening bell.
- Futures waver as PacWest slide offsets Fed pause optimism Yahoo Finance
- Stock Bulls Won't Find Much to Celebrate in Fed's Pause Bloomberg
- Stock markets nervous about Fed pivot and banking sector Yahoo News UK
- Fed's hiking pause may not signal all-clear for US stocks ZAWYA
- Stock bulls won't find much to celebrate in the US Fed's pause Moneycontrol
- View Full Coverage on Google News
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