empty
15.08.2023 02:47 PM
US banking system faces new challenge

While investors speculate on the Federal Reserve's actions in September this year, analysts at Fitch Ratings have issued a warning about a new threat to the US banking system. The risk of sharp downgrades to the ratings of dozens of American banks, including major ones like JPMorgan Chase, has come under the spotlight.

This image is no longer relevant

Following a series of studies, the rating agency downgraded its assessment of the industry in June. The move went largely unnoticed, as it did not result in any actual downgrades of banks. However, experts are genuinely concerned about the potential for more serious problems ahead, with a significant probability of a one-notch downgrade to A+ from AA- looming.

Market rumors are swirling that Fitch might soon have to reassess the ratings of over 70 American banks. It's worth reminding that credit rating agencies, on which many bond investors rely, have recently caused market turbulence with their moves. Last week, Moody's lowered ratings for 10 small and medium-sized regional banks and warned that more cuts could affect another 17 creditors, including larger institutions like Truist and Bank of America.

Earlier this month, Fitch downgraded the long-term credit rating of the US due to political turmoil and rising debt, a move criticized by business leaders including JPMorgan CEO Jamie Dimon and US Treasury Secretary Janet Yellen.

Premarket

Shares of biotech company Turnstone fell by 2.3% in premarket trading after investment firm Piper Sandler initiated coverage with an "above-market" rating on Tuesday.

DR Horton, a construction company, saw its stocks rise by 2.2% in premarket trading following news that Warren Buffett's Berkshire Hathaway increased its stake in DR Horton by over $700 million.

Hannon Armstrong Sustainable Infrastructure Capital's shares grew by 2.1% after Bank of America upgraded them to a "buy" rating, citing potential benefits from the new Inflation Reduction Act.

Nvidia's shares gained 1.5% ahead of the bell. UBS, Wells Fargo, and Baird raised their outlooks, expecting the company's stocks to trade positively next year.

After an 8.6% drop last week, shares surged by 7.1% on Monday, recovering lost ground.

Cleveland-Cliffs, a producer of steel products, fell over 1% in pre-market trading but rebounded by 8.8% later. The sharp increase followed the rejection of a $7.3 billion offer to acquire US Steel.

As for the technical outlook on the S&P 500, the demand for the index has not returned, and trading continues within a sideways range. Bulls may continue the uptrend, but they need to settle the price above $4,488 and $4,515. A breakthrough could lead to a surge to $4,539. Bulls also should maintain control above $4,557, reinforcing the bullish market. In case of a downward move due to decreased risk appetite, bulls will have to protect $4,469. Breaking through this level, the trading instrument may return to $4,447 and $4,427.

Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Analisis pasaran saham pada 17 Mac: S&P 500 dan Nasdaq kekal di bawah tekanan

Niaga hadapan indeks saham AS menurun selepas Setiausaha Perbendaharaan Scott Bessent menyifatkan penurunan pasaran baru-baru ini sebagai "menguntungkan," mengukuhkan jangkaan bahawa pentadbiran Trump tidak mungkin campur tangan untuk menghentikan penurunan

Jakub Novak 13:49 2025-03-17 UTC+2

Ramalan S&P 500 untuk 14 Mac 2025

Semalam, indeks S&P 500 mencapai paras sokongan sasaran 5516, yang sepadan dengan paras tertinggi yang dicatatkan pada 20 Jun 2024. Paras ini juga sejajar dengan anjakan semula Fibonacci 23.6% daripada

Laurie Bailey 03:53 2025-03-14 UTC+2

Pasaran Saham pada 13 Mac: Keuntungan SP500 dan NASDAQ Tidak Bertahan Lama

Niaga hadapan bagi indeks S&P 500 dan NASDAQ menurun lagi selepas data inflasi AS yang tidak dijangka semalam, yang menunjukkan penurunan perlahan dalam tekanan harga yang bertentangan dengan ramalan ahli

Jakub Novak 08:28 2025-03-13 UTC+2

Pasaran AS mengalami pembetulan yang kukuh

S&P 500 Tinjauan untuk 12 Mac Pasaran AS sedang mengalami pembetulan yang kuat. Indeks utama AS pada hari Selasa: Dow -1.1%, NASDAQ -0.2%, S&P 500 -0.8%, S&P 500: 5,572, julat

Jozef Kovach 11:36 2025-03-12 UTC+2

Pasaran Saham pada 12 Mac: S&P 500 dan NASDAQ Capai Paras Terendah Lagi

Niga Hadapan pada indeks S&P 500 meningkat sebanyak 0.2% selepas mengalami kejatuhan sebanyak 0.76% pada penghujung hari sebelumnya, manakala niaga hadapan Nasdaq 100 meningkat 0.3% selepas ditutup pada -0.18%. Saham

Jakub Novak 10:58 2025-03-12 UTC+2

Pertemuan Trump dengan pemimpin Wall Street dijangka menstabilkan pasaran

Di tengah penurunan mendadak dalam pasaran saham AS, Presiden Donald Trump akan bertemu dengan ketua eksekutif syarikat-syarikat utama hari ini ketika pemimpin industri berusaha untuk menghadapi ketidakpastian yang berkaitan dengan

Jakub Novak 13:32 2025-03-11 UTC+2

Black Monday di Wall Street. Saham AS kehilangan $4 trilion dalam permodalan pasaran

S&P500 Tinjauan pasaran pada 11 Mac Pasaran saham AS mengalami kejatuhan. $4 trilion hilang, tetapi permainan belum berakhir Prestasi indeks saham penanda aras pada hari Isnin: Dow: -2.1% NASDAQ: -4%

Jozef Kovach 12:14 2025-03-11 UTC+2

Pasaran Alami Kejatuhan Besar pada Isnin. Apa Seterusnya untuk NVIDIA?

Pasaran sedang mengalami masa sukar, dan beberapa hari mendatang akan menjadi sangat penting. Jika data inflasi menunjukkan angka yang lebih tinggi daripada jangkaan, tekanan terhadap saham mungkin berterusan, dan Rizab

Anna Zotova 12:11 2025-03-11 UTC+2

Pasaran Saham pada 10 Mac: S&P 500 dan NASDAQ Meneruskan Penurunan

Niaga hadapan pada indeks saham AS jatuh semasa sesi dagangan awal Isnin, manakala Sekuriti Perbendaharaan meningkat kerana kebimbangan terhadap keadaan ekonomi AS mengurangkan selera risiko para pelabur. Niaga hadapan S&P

Jakub Novak 12:58 2025-03-10 UTC+2

Pasaran Amerika Syarikat: Pemulihan Positif di Penghujung Minggu Selepas Kerugian

Gambaran Keseluruhan untuk 10 Mac Pasaran A.S.: Optimisme pada Penutupan Minggu Pada hari Jumaat, indeks utama menunjukkan prestasi positif, di mana Dow Jones meningkat sebanyak 0.5%, Nasdaq melonjak 0.7%

Jozef Kovach 12:30 2025-03-10 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.