Finance
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 16, 2025. Jeenah Moon | Reuters U.S. stock futures were hovering near the flatline on Thursday night after the previous session saw a sell-off fueled by concerns about regional banks’ loan practices. Futures tied to the Dow…
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This rare-earth stock is coming back to earth after a rapid rise. But why? The past couple of days have proven to be a rocky road for USA Rare Earth (USAR -14.96%) investors. While the rare-earth stock skyrocketed almost 90% higher from the end of September through the end of last week, investors have relented…
By Manya Saini, Arasu Kannagi Basil and Ateev Bhandari (Reuters) -U.S. regional bank stocks fell on Thursday after Zions Bancorporation disclosed it would take a $50 million loss in the third quarter on two commercial and industrial (C&I) loans from its California division. The disclosure added to growing investor unease about hidden credit stress as…
By Noel Randewich Wall Street fell on Thursday, with signs of weakness in regional banks spooking investors already on edge over China-U.S. trade tensions. Regional bank Zions Bancorporation ZION dropped 13% after disclosing an unexpected loss on two loans in its California division, adding to growing investor unease about hidden credit stress as lenders navigate…
New York — US stocks closed lower Thursday as jitters spread on Wall Street about credit market turmoil and regional banks’ exposures to bad loans. The Dow fell 302 points, or 0.65%. The broader S&P 500 dropped by 0.63%, and the tech-heavy Nasdaq Composite moved 0.47% lower. Volatility has returned to Wall Street amid rising…
By Sukriti Gupta and Twesha Dikshit Wall Street’s main indexes dropped on Thursday, led by declines in financial stocks, while earlier gains in semiconductor shares on renewed optimism about artificial intelligence faded. The S&P 500 financials index SPF declined 2%. The S&P 500 insurance index (.SPXIN) dropped 3.5% to an over six-month low. Insurance bellwether…
In late September, Nvidia announced plans to invest up to $100 billion in OpenAI to fund a new generation of data centers, while OpenAI pledged to purchase millions of Nvidia chips for those facilities. Days later, OpenAI struck a similar multibillion-dollar arrangement with AMD. Celebrated by investors, these deals also raised eyebrows. To some observers,…
An automatic teller machine at the Zions Bank headquarters in Salt Lake City, Utah, on July 10, 2023. Kim Raff | Bloomberg | Getty Images Stock Chart IconStock chart icon ZION and KRE, 1-day The bankruptcies of two auto industry-related companies this year have raised concerns about loose lending practices, especially in the opaque private…
MP Materials is surging on the latest U.S.-China trade news. There’s little doubt that China currently dominates the rare-earth metal industry. But if ever you did have doubts, here’s a sobering figure: China accounted for about 70% of their extraction in 2024. That chokehold has made U.S. companies like MP Materials (MP -4.06%) a true…