Posts with tag s-p

Rolling Out

Bob Rinear, September 8 2021

I mentioned to my readers that the first few days of this week could get bumpy in the equity markets. So, seeing them come back from the Holiday weekend and send the DOW down 277 points in the first hour, that prediction was on its way to coming true.

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Guest Writer, November 6 2021

Last Friday, the DJIA, S&P 500 and NASDAQ all closed up. But too big to fail banks lost billions of dollars in market cap. 

Among the biggest losers were Citigroup — closing down 1.7%, Credit Suisse — down 1.6%, and Deutsche Bank — down 1.3%. 

In the second tier, JPMorgan Chase, Barclays and Goldman Sachs closed down between 0.1% and 0.4%.

Their problem appeared to be the flattening of the Treasury yield curve.

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2 posts with tag s-p online