Stocks are lower Friday morning with Deutsche Bank becoming the latest victim of the banking system turmoil. Deutsche Bank (DB), Germany's largest bank, shares are down over 7% as its cost of default insurance spiked with investors remaining concerned about the health of various financial institutions following the failures at Silvergate, SVB, Signature, First Republic, and Credit Suisse. Meanwhile, durable orders fell 1.0% in February with analyts having expected orders to rise 1.6% following a 5% decline in January. ... more
The S&P 500 is down -0.65%, the Dow is down -0.69%, the NASDAQ is down -0.68%, and the Russell 2000 is down -0.95%.
Industries trading higher today include: Multi-Utilities, Electric Utilities, and Household Products. Industries trading lower today include: Equity Real Estate Investment Trusts, Consumer Finance, and Airlines.
The VIX is up 1.62 at 24.23 after closing yesterday at 22.61. Options on VIX (VIX) have appeared on the most-active list today with more than 14,090 4/19 call changing hands. The put/call ratio is 1.07 (554,805/520,250). NYSE Adv/Dec (949/1,832). NASDAQ Adv/Dec (1,270/2,416).
[InvestorsKeyhole, various news and data sources]
The S&P 500 is down -0.65%, the Dow is down -0.69%, the NASDAQ is down -0.68%, and the Russell 2000 is down -0.95%.
Industries trading higher today include: Multi-Utilities, Electric Utilities, and Household Products. Industries trading lower today include: Equity Real Estate Investment Trusts, Consumer Finance, and Airlines.
The VIX is up 1.62 at 24.23 after closing yesterday at 22.61. Options on VIX (VIX) have appeared on the most-active list today with more than 14,090 4/19 call changing hands. The put/call ratio is 1.07 (554,805/520,250). NYSE Adv/Dec (949/1,832). NASDAQ Adv/Dec (1,270/2,416).
[InvestorsKeyhole, various news and data sources] less