S&P 500 Hits Record High Near 5,000 Mark as Consumer Stocks Lead Surge The S&P 500 surged on Wednesday, flirting with the elusive 5,000 milestone and closing at a record high, fueled by bullish sentiment towards stocks. Consumer stocks led the charge, buoyed...
U.S. Banks Prepare for Loan Demand Surge Amid Falling Rates, Tighten Credit Standards” According to a Federal Reserve survey of senior bank lending officers released on Monday, U.S. banks are gearing up for a surge in loan demand amidst falling interest rates....
NYCB’s Dividend Cut Sparks Sharp Decline in Regional Bank Stocks On Wednesday, regional U.S. bank stocks took a hit, primarily triggered by a staggering 38% decline in the shares of New York Community Bancorp (NYSE:NYCB). The bank’s decision to reduce its...
