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US Banking Crisis Deepens: PacWest Stock Tumbles Over 35%

1 min read
Source: Financial Times
TL;DR

The slide in US regional bank stocks has weighed on Wall Street, with the S&P 500 and Dow Jones Industrial Average both closing lower on Monday. The market was also impacted by concerns over rising Covid-19 cases and the upcoming US presidential election.

Topics:businessfinance#finance#market#slide#stocks#us-regional-banks#wall-street
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  1. Slide in US regional bank stocks weighs on Wall Street  Financial Times
  2. PacWest tumbles more than 35% as bank says it's considering 'all options'  CNBC
  3. Business | May 6th 2023 Edition  The Economist
  4. Stocks making the biggest moves before the bell: Paramount, PacWest, Shopify & more  CNBC
  5. Bitcoin Climbs Above $29,000 As US Banking Crisis Deepens  Bitcoinist

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