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CNN CNN Newsroom June 4, 2024 13:31:00

A surge in the cost to ensure the bank against defaulting those fears for the european banking sector of being felt here in the us guess who s here ? chief business correspondent christine romans. what s going on? because i m here doesn t mean bad things happen all the time. it kind of does, though. this i think is deutsche bank. big german bank, a big salad, solid german bank the cost to ensure it against default. credit default swap has gotten a little more expensive, right? and so that s sparking some concerns in the banking sector. there was also a big analyst downgrade of the entire sector to neutral from overweight, which is, you know, wall street jargon for don t have a lot of these stocks in your portfolio. and so investors are following suit, so we still have that those jitters in the banking system about changes that are happening because of a year of interest rate hikes. quite frankly, that sort of change the change the status quo for a lot of these banks and investors get n ....

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CNN CNN Newsroom June 4, 2024 13:56:00

Rest of the elite eight. it s gonna be decided later today you got four more games on the schedule, starting with san diego state, taking on the overall number one seed alabama that one tips off at 6 30 eastern, our sister channel tb as you know, john, if your brackets out the window right now, and you need a team to root for. it s hard not to root for those kansas state wildcats with chianti johnson and marquees noel two great stories, but full disclosure. that s not who you rooting for, is it andy houston cougars all the way we got to take down miami tonight. right alright. any shows thank you very much that passing over time. i ve never seen anything like that. at that point in the game. that was awesome. thanks so much, andy, the us retaliating after an iranian affiliated drone killed a u. s contractor and wounded u. s troops in syria. we have more information coming in about this developing situation ahead. if you wake up, thinking about the markets and want to m make the right mo ....

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CNN CNN Newsroom June 4, 2024 13:30:00

The philadelphia police department. automatic gun going off with broad daylight. broad daylight on the streets. city philadelphia, four miles just shooting up the block shooting on you know, with with no, no care in the world. it seems to me it s very concerning. it s disappointing and these people need to be held accountable. and of course, they re still looking for those people to hold them accountable. a gun was recovered . we re told that the serial number, though, was completely taken off obliterated as they said, and so the search continues, john. but, of course now in philadelphia, there is a merrill primary coming up. we know gun issues such a major topic all across this country, and certainly this video just brings that top of mind. bridging gross. thank you. please keep us posted. so just moments ago, u. s markings opened and they did open lower as a european bank. another one comes under the spotlight. stocks at germany s deutsche bank s fell sharply today after ....

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