Western Alliance and Regional Bank Stocks Rally on Positive Debt-Ceiling Update and Deposit Growth
TL;DR
Stocks rose on Monday following a positive update on the debt-ceiling negotiations. The market responded positively to news that lawmakers were making progress on a deal to raise the debt ceiling and avoid a potential default. The economy has been closely watching the negotiations, which have been a source of uncertainty and volatility in recent weeks.
- Stocks Rise on Positive Debt-Ceiling Update The Wall Street Journal
- Stocks rally on debt ceiling optimism, regional banks Reuters
- Unusual Put Option Trade in Western Alliance Bancorp (WAL) Worth $545.00K Nasdaq
- Western Alliance, regional bank stocks rise following deposit growth Yahoo Finance
- Western Alliance's rate-risk gauge breaches internal guidance Risk.net
Want the full story? Read the original reporting
Read on The Wall Street Journal