Stock Market News

DOW under pressure due to banking crisis

2023.03.15 21:00

DOW under pressure due to banking crisis
DOW under pressure due to banking crisis

DOW under pressure due to banking crisis

By Tiffany Smith

Budrigannews.com – During the evening trading on Wednesday, U.S. stock futures were fluctuating amid growing concerns of a widespread banking crisis as Credit Suisse (SIX:) Company (NYSE:) failed 30% during the ordinary meeting after Saudi Public Bank precluded further venture.

By 6:40 p.m. ET (10:40 p.m. GMT), they were unchanged, slightly higher, and up 0.2 percent.

Adobe Systems (NASDAQ:) has extended deals that added 4.6% following Q1 EPS of $3.80, which was higher than the expected $3.68, on revenues of $4.66 billion, up from $4.62 billion. Compared to the consensus estimate of $4.76 billion, the company anticipated Q2 2023 revenues of $4.75-4.78 billion and EPS of $3.75-$3.80.

NASDAQ: LivePerson Inc. decreased by 38.7%, with Q4 EPS losses of $0.55 per share in comparison to estimates of $0.12, and revenue of $122.5 million in comparison to $126.93 million.

The Uipath Inc. added 12.6% following the company’s $0.15 EPS in Q4 versus the $0.06 expected on $308.5 million in revenue versus the $278.64 million expected.

Investors will be keeping an eye on preliminary data, price index data, weekly data, and the before Thursday’s trade.

The dropped 280.8 points, or 0.9 percent, to 31,874.6 during the regular session on Wednesday, lost 27.4 points, or 0.7 percent, to 3,891.9, and gained 5.9 points, or 0.1 percent, to 11,434.1.

The yields on the bond markets were 3.462%.

DOW under pressure due to banking crisis

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 105,052.15 0.68%
ethereum
Ethereum (ETH) $ 3,344.72 1.58%
xrp
XRP (XRP) $ 3.13 1.05%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 258.69 4.42%
bnb
BNB (BNB) $ 688.99 0.76%
dogecoin
Dogecoin (DOGE) $ 0.35379 1.27%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.986487 1.33%
staked-ether
Lido Staked Ether (STETH) $ 3,338.37 1.54%
tron
TRON (TRX) $ 0.253341 1.03%
chainlink
Chainlink (LINK) $ 25.52 2.12%
avalanche-2
Avalanche (AVAX) $ 37.64 6.12%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,982.50 1.48%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,712.06 0.29%
hedera-hashgraph
Hedera (HBAR) $ 0.342655 3.61%
stellar
Stellar (XLM) $ 0.421107 1.86%
the-open-network
Toncoin (TON) $ 5.08 0.60%
sui
Sui (SUI) $ 4.17 0.04%
shiba-inu
Shiba Inu (SHIB) $ 0.00002 0.30%
weth
WETH (WETH) $ 3,343.74 1.60%
polkadot
Polkadot (DOT) $ 6.34 0.18%
bitget-token
Bitget Token (BGB) $ 7.71 0.09%
litecoin
Litecoin (LTC) $ 124.07 1.66%
leo-token
LEO Token (LEO) $ 9.75 0.23%
bitcoin-cash
Bitcoin Cash (BCH) $ 441.92 1.47%
hyperliquid
Hyperliquid (HYPE) $ 24.17 9.51%
uniswap
Uniswap (UNI) $ 12.24 0.03%
usds
USDS (USDS) $ 1.00 0.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,535.27 1.32%
pepe
Pepe (PEPE) $ 0.000015 0.33%
official-trump
Official Trump (TRUMP) $ 31.04 9.21%
near
NEAR Protocol (NEAR) $ 5.06 2.43%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
aave
Aave (AAVE) $ 330.70 0.49%
aptos
Aptos (APT) $ 8.34 3.35%
mantra-dao
MANTRA (OM) $ 4.77 36.93%
ondo-finance
Ondo (ONDO) $ 1.44 1.09%
internet-computer
Internet Computer (ICP) $ 9.18 0.53%
monero
Monero (XMR) $ 222.96 1.80%
whitebit
WhiteBIT Coin (WBT) $ 28.43 0.25%
ethereum-classic
Ethereum Classic (ETC) $ 26.98 0.52%
mantle
Mantle (MNT) $ 1.20 0.05%
vechain
VeChain (VET) $ 0.047943 0.78%
crypto-com-chain
Cronos (CRO) $ 0.138022 0.22%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.43878 1.50%
render-token
Render (RENDER) $ 7.04 2.53%
dai
Dai (DAI) $ 1.00 0.01%
algorand
Algorand (ALGO) $ 0.407745 1.54%
kaspa
Kaspa (KAS) $ 0.132099 1.42%