Banking Sector Woes Trigger Market Decline and Gold Surge
TL;DR Summary
Global stocks declined due to US regional bank jitters, with bank shares falling sharply and gold reaching a new high as investors sought safe havens amid credit stress concerns, while oil prices and the US dollar also experienced declines.
- Bank stocks tumble on US lender jitters, gold hits fresh peak Reuters
- Stock futures fall after regional bank worries fuel market sell-off: Live updates CNBC
- Banks’ Trio of Alleged Frauds Spark Fears of Broader Issues Bloomberg.com
- Stocks sink on concerns about regional bank loans CNN
- Stock Market Today: Dow Futures Drop — Live Updates The Wall Street Journal
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