Markets Plunge at Midday After Bank Downgrades

01:25pm, Tuesday, 08'th Aug 2023
U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.
U.S.-listed exchange-traded funds that buy bank stocks fell on Tuesday, after Moody's Investors Service late said it put a handful of major U.S. banks on review for a possible downgrade and lowered de

Why Are Bank Stocks Down Today?

09:49am, Tuesday, 08'th Aug 2023
Bank stocks are falling on Tuesday and investors can look to Moody's lowering credit ratings as the reason for the decline. The credit rating business started off the bad news for bank stocks by cutti

The 3 Best Financial Stocks to Buy in August

09:25am, Tuesday, 08'th Aug 2023
After the year-to-date rally, the overall market is approaching overvalued territory. However, the financial sector offers value after a disappointing first half.
Bank of America is benefiting from a robust U.S. economy. Synchrony Financial is the lender behind many branded cards issued by popular American retailers and other businesses.
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
Wall Street titans are expected to pay a multi-billion dollar price for the spring's banking chaos.  JPMorgan, BofA, and Wells Fargo are among those refilling the FDIC's deposit insurance fund.
Berkshire Hathaway holds many solid blue chip stocks in its portfolio. Four of the company's top five holdings, however, have underperformed the S&P 500 this year.
Apple has become the quintessential Buffett stock. Visa is an excellent business selling at a reasonable valuation.
Buffett's second-biggest position isn't a stock. Close to $104 billion of Berkshire Hathaway's money is in a safe investment with attractive yields.
Europe's largest bank fell along with the broader global market on August 2, despite reporting strong year-over-year revenue and earnings growth the day before.
Bank of America Corp.'s investment bank BofA Securities remained the top corporate debt issuer in 2023 as of Aug. 1, while Wells Fargo Securities LLC has bumped JPMorgan Chase & Co. for the No. 2 slot

7 Stocks to Snag After Smashing Q2 Earnings

02:27pm, Thursday, 03'rd Aug 2023
Second-quarter results across have been a mixed bag, but generally positive. So far, 80% of companies listed in the S&P 500 index have reported better-than-expected earnings, according to data tracked
The strong equity market continued in July, with impressive gains for the SPDR S&P Trust ETF, Vanguard's High Dividend Yield ETF, and my watchlist. My top 10 list of high dividend yield stocks has gen
Financial stocks haven't enjoyed the same rally as tech stocks in 2023. Rising interest rates, a weakened consumer, and worries about a chain reaction of regional bank collapses contributed to these s
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