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wall street was being red on tuesday, bank stocks leading the way. shares in goldman sachs fell 2%. the catalyst was moody s 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 wasn t 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
MarketsWall-streetIn-the-redAsianBanksEconomy-UsAnginaCredit-downgradeInflation-dataConcernsCycleA racist 30 seconds to a minute. it is a physicaljob, your muscles are burning. going flat out until you hit the finish line to that start hell. very much a contact sport. people are going to go into you, you are going to go into people. it s about being physically and mentally prepared for that. for more stories from across the uk, head to the bbc news website. hey, i m zof with the catch up. tonight: laurenjames apologises, the strictly line up continues, and a very clever dog. first, more than 140,000 of you in scotland have found out how you got on in your exams this year and results are still higher than they were before the pandemic. there was a slight fall in the number getting as, bs, or cs in their highers, but in good news 70% of scottish applicants have been accepted by their first choice uni. some other stories now,
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