Credit Suisse fears hit Toronto's main stock index

  • 📰 Reuters
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Canada's main stock index fell 1.6% on Wednesday, dragged down by energy and financial stocks as Credit Suisse spooked world markets, renewing concerns of a banking crisis.

was down 315.32 points at 19378.84, its worst day since December 2022.

"We're back to the volatility of 2022," Barry Schwartz, portfolio manager at Baskin Financial Services, told Reuters. "2022 was one of the most volatile years we've ever seen. It was a little bit calmer this year but here we go again."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow Futures Drop 600 Points, Credit Suisse Stock Price Down 25%The Dow dropped more than 500 points as banking fears increased and Credit Suisse shares tumbled. Treasury yields fell sharply. Probably good for inflation. “Edna! Get my broker on the line! We’re putting everything in Gold! We’re circling the drain! And bring the Maker’s Mark with you!”
Source: WSJ - 🏆 98. / 63 Read more »

CS Stock Price | Credit Suisse Group AG ADR Stock Quote (U.S.: NYSE) | MarketWatchCS | A complete CS overview by MarketWatch. View the latest market news and prices, and trading information.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market Today: Dow down over 400 points as Credit Suisse drop renews banking fearsTreasury yields plunge as market factors in Fed interest-rate cuts by year-end Cuts… 😂 the system is broken. They need to hike but the banking system can’t handle it so now they panic and go back down? Fens sinking their fangs If this happens, we're going to see ridiculous inflation that would make us wish we had just $10 eggs...
Source: MarketWatch - 🏆 3. / 97 Read more »

S&P 500 Index: Breach of key supports warns a test of 3730 – Credit SuisseS&P 500 has now seen a break below key support at 3940/27 to warn of a more important turn lower. Weekly close below 3730 to reexpose 3505/3492 “S&P 5
Source: FXStreetNews - 🏆 14. / 72 Read more »

US Dollar Index: DXY pares Credit Suisse-inspired gains below 105.00, yields in focusUS Dollar Index: DXY pares Credit Suisse-inspired gains below 105.00, yields in focus – by anilpanchal7 DollarIndex YieldCurve RiskAversion Banks Fed
Source: FXStreetNews - 🏆 14. / 72 Read more »

Credit Suisse Stock Price Drops 17% to New Low as Jitters MountCredit Suisse shares (CSGN) fell as much as 17% early Wednesday and hit a fresh all-time low, reflecting increasing concerns about the bank's struggles to stabilize its operations. Prices on Credit Suisse bail-in bonds, which get wiped out in c Neutralidad. Ok. Koerner is the worst BNP + SocGen also cratering - CS derivative exposure? It will be a fun day at the Swiss National Bank (SNB)
Source: WSJ - 🏆 98. / 63 Read more »