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US stocks open lower. Dow down for the 8 of 9 trading days in May.
The major US stock indices are opening up mixed. The Dow industrial average is lower as Disney shares slump and concerns about regional banking indices have traders worried about a harder landing. The KRE regional bank indexes trading down -2.78% with PacWest Bancorp shares down -28.78% at $4.33. The low price last week reached $2.48 before bouncing up to $7.50 on Monday. The NASDAQ index is trading above and below unchanged (now lower). The S&P is lower.A snapshot of the market is currently sho...
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Posted: May 11 2023, 13:34
Author Name: forexlive
Views: 110730