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Banking crisis in the United States: Wall Street opens lower and several regional banks fall

Alina Deleon by Alina Deleon
March 13, 2023
in World
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Banking crisis in the United States: Wall Street opens lower and several regional banks fall
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The Dow fell at the open in a market rocked by bank failures in recent days.

The New York Stock Exchange opened lower on Monday, in a market rocked by bank failures in recent days in the United States and the specter of possible contagion despite announcements of official contingency measures to guarantee deposits.

In early trading, the Dow Jones lost 0.59%, the technology-heavy Nasdaq 0.80% and the broad S&P 500 index 1.08% as several regional banks tumbled.

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AFP

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Tags: abajabankingBANKScaencrisisfallinjoinedopenopensregionalseveralStatesstreettheUnitedwally
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Alina Deleon

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