Wall Street Suffers Steep Losses As Bank Fears Reignite

Stocks turned in steep losses for Tuesday's trading, as investor fears regarding the potential of a revived bank sector slide were prodded. First Republic Bank (FRC) reignited worries, after posting a 40% deposit drop in the first quarter. A slew of economic data reports and impending Big Tech earnings are also curating today's market buzz. 

Closing Indexes Summary April 25

NYSE and Nasdaq Stats April 25

Corporate Earnings April 25

Unusual Options Activity April 25


Recession fears and energy demand sent oil lower in today's session. May-dated crude dropped $1.69, or 2.1%, to close at $77.07 per barrel.

Commodity traders remained unsure toward the broader interest rate outlook from the Fed, sending gold higher for the day. June-dated gold added $4.70 or 0.2%, to settle at $2,004.50 an ounce.

More By This Author:

Stocks Slip As Wall Street Eyes Earnings, Economic Data
Dow, S&P 500 Eke Out Gains As Nasdaq Snoozes
Nasdaq Turns Lower Ahead Of Big Week For Tech

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.