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
the attorney general s a.p. interview. and had thrown his lunch against the wall. literally calling for the vice president to be f ing hung. and mark had responded something to the effect of, you heard it, pat. he thinks mike deserves it. said something to the effect of, and very cheerily, mark, something needs to be done or people are going to die and the blood is going to be on your f hands. some of the most explosive moments from yesterday s sixth hearing on the capitol attack. good morning and welcome to way too early on this wednesday, june 29th. i m katty kay in for jonathan lemire. a former west wing aide delivered bomb shell testimony at yesterday s last-minute january 6th hearing. cassidy hutchinson testified that donald trump and chief of staff mark meadows ignored warnings about potential violence before the attack and did nothing to stop it once the attack was under way. according to hutchinson, trump knew there were weapons in the crowd. but during his spe
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Emerging market stocks rallied on Thursday with the dollar taking a hit on growing bets of an imminent end to the U.S. rate-hiking cycle, while Pakistan dollar bonds jumped after the International Monetary Fund cleared a $3 billion bailout.