It may be the worst week for stocks since '08 [CNN]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: CNN
This could be the worst week for stocks since 2008 The stock market is on pace for its worst week since the 2008 financial crisis. The Dow fell about 400 points Friday afternoon. The S&P 500 and Nasdaq also dropped about 1.5%. It was another topsy turvy day on Wall Street. The Dow had jumped more than 300 points at Friday's open. But then it gave back those gains and more. Fears about inflation and soaring bond yields sent the Dow and S&P 500 plunging about 8% so far this week. That would be the steepest weekly decline for either index since the fall of 2008. All three major indexes are down on the year. The selling on Wall Street spread to Asia overnight as stocks dropped in China and Japan . European stocks also retreated on Friday. "There has been extraordinary volatility throughout this week. The trigger has been the really fast rise in bond yields," said Evan Brown, director of asset allocation at UBS Asset Management. After losing a record 1,175 points on Monday, the Dow tumbled
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PNC
Earnings
- 4/16/24 - Beat
PNC
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 144
- 4/16/24 - Form 8-K
- PNC's page on the SEC website