The Latest Breaking News on Capital Markets

New York (AFP) - Wall Street stocks finished sharply lower Tuesday after dismal First Republic results revived worries about banks, adding to recession fears following lackluster US consumer data.

From supply chain issues to changing consumer behavior, retail stocks are feeling the impact of the current economic climate. Retail companies SIGNA Sports United (SSU), Conn's, Inc. (CONN), and Digital Brands Group (DBGI)) are experiencing a decline in April that could signal a rough road ahead of them. Read more….

George Culmer says ‘unacceptable behaviour will not be tolerated’ after last year’s comments about CEO Amanda Blanc

The growing concerns about a potential recession, ongoing debt ceiling standoff, and predictions of prolonged high-interest rates might weigh on the US economy and stock market. Hence, it might be best to avoid fundamentally weak stocks CRISPR Therapeutics (CRSP), First Majestic Silver (AG), and McEwen Mining (MUX). Keep reading.

New York (AFP) - Wall Street stocks retreated Friday following a positive session on European bourses, as disappointing US retail sales data offset a lift from better-than-expected bank earnings.

Hong Kong (AFP) - Asian markets mostly fell Thursday after minutes from the Federal Reserve's most recent policy meeting showed officials foresaw a US recession at the end of the year, while inflation data could not temper expectations of another interest rate hike.

It could be potentially stormy this earnings season, given a tense economic backdrop due to the high inflation, rate hikes, and the banking crisis. So, it could be wise to avoid fundamentally weak stocks DLocal (DLO), Kura Sushi (KRUS), Kirkland (KIRK), and Freeline Therapeutics (FRLN), which are gearing up to…

A solid showing for tech and communication services stocks pushed the Nasdaq to its best quarter since 2020.

It was perhaps inevitable that, after the shock collapse of Credit Suisse, attention would switch to another European bank with “a patchy record”, said Lex in the FT. 

SCHW stock slides after downgrade. Yellen to call for stricter banking rules. Bank stocks mixed early Thursday as regulators quell worries.

Analysts have raised concerns about the growing risk of a Deutsche Bank collapse, reigniting fears about a widening banking crisis, though they said the potential impact on the Thai banking sector would be limited.