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Transcripts For CNN The Lead With Jake Tapper 20240706

failed within three days of each other. that led credit for moody s to downgrade its outlook for the entire u.s. banking sector. and those worries skyrocketed today because of troubles facing the global investment company credit suisse. the saudi bank failed to rule out giving funding to the already embattled company that combined with the recent u.s. issue sent stocks falling. i want to bring in business reporter rahel solomon, rahel, walk us through what happened today. well, jake, basically the mood for investors, as investors search for the next sign of weakness. to be clear, i think the nasdaq actually closed slightly higher which is interesting. but this is really just a confidence issue at this point. you can see that reflected very clearly in some of the bank stocks. i want to point your attention to some of the regional stocks, jake, you and i have talked about already. first republic bank off 21%, pac-west off 5% on top of the losses. it s been a rough go for some

Transcripts for CNN The Lead With Jake Tapper 20240604 20:12:00

believe they may be releasing video evidence from the pentagon of this incident and what the u.s. is saying is a very dangerous escalation. jake. all right. david mckenzie in kyiv, ukraine, thank you so much. coming up, a texas judge is poised to end access nationwide to an abortion drug that was approved by the fda 20 years ago. we re going to take a look inside the high-stakes hearing. plus, why a california school board is suing social media giants tiktok and snapapchat. and they re not alone. stay with usus. rbon intensity oe fuels that keep things moving. totoday, we re producing renewable diesel that can be used in existing diesel tanks. and we re committed to increasing our renewable fuels production. because as we work toward a lower carbon future, it s only human to keep moving forward.

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