Wall street was being red on tuesday, bank stocks leading the way. Shares in Goldman Sachs fell 2 . The catalyst was moodys downgrading the Credit Rating on several small and me us banks, including mmt and pinnacle financial. The red flag is raised by the Ratings Agency including a potential recession as well as problem so to the commercial real estate set up. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft was reported results after the us market close, ebbo s small arrival is forecasting higher revenue in the Third Quarter based in part on a post pandemic rebound in road sharing. Rivi and posted a narrower loss than expected and raised its Production Guidance for the full year.
2 , the catalyst was moodys downgrading the Credit Rating on several small and medium sized us banks, Including Mmt and pinnacle financial. The red flags raised the Ratings Agency included a potential recession, as well as problem side to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed for the first time americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft, which reported results after the us market close, ebbo s small arrival is focusing higher revenue in the Third Quarter based in part by a Postman Damik rebound in ray jones. Meanwhile, an electric vehicle maker posted a narrower loss than expected and raised its Production Guidance for the full year. Elsewhere on wall street this morning, nine companies, including ban
Shares in Goldman Sachs fell 2 . The catalyst was moodys, downgrading the Credit Rating on several small and medium sized us banks, including mnt bank and pinnacle financial. The red flags raised by the Ratings Agency included a potential recession, as well as problems tied to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time, americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft, which reported results after the us market closed. Uber s small arrival is forecasting higher revenue in the Third Quarter based in part on a post pandemic rebound in ridesharing. Meanwhile, Electric Vehicle maker rivium posted a narrower lost than expeted and raised its Production Guidance for the full year. Meanwhile, Nin
Earned more than a billion dollars. Thank you for hanging out. Im omar jimenez. Cnn this morning starts right now. Good morning, everyone. So glad youre with us. Good morning, phil. Good morning. There was a big game this morning. So i thought it was going to be awesome to wake up at 3 00 a. M. And have an amazing game on. And then it turned out to be the most stressful two hours of my life. And i dont like it anymore. Arent you supposed to be reading for the show. Im totally prepped with womens soccer. Well see how that goes. A lot happened overnight. From politics to gio politics to the womens world cup, of course. Lets get started with five things to know for this tuesday, august 1st. Today could be charging decision day for former President Donald Trump and the federal investigation into efforts to overturn the 2020 election. That grand jury will meet just hours from now. And new this morning, Donald Trumps Political Action committee is almost out of cash. It began last year with m
Donald trump and nikki haley are in North Carolina today holding rallies this afternoon ahead of Super Tuesday as three states will be awarding delegates today in the g. O. P. Race. Welcome to fox news live, im molly line, welcome to my friend mike. Great to see you back in washington d. C. And im mike emanuel. Many wonder if tuesday will be haleys last topic. And President Trump has focused on a top issue for voters, the Southern Border where he and President Trump have held conferences this week. They call it Super Tuesday for a reason, 874 delegates up for grabs on tuesday, even though trump and biden are in their primaries, theyve focused on an election. And a poll is spelling Potential Problem for biden. That asked the voters if the election were today, who do you vote for, trump by five points. And the second aspect, asked registered hispanic voters the same question, that shows trump winning hispanics 4640 . Thats something to keep an eye on in the months ahead. And take a look