Market swings wildly (again) as stocks face worst week since 2008 [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
Market swings wildly (again) as stocks face worst week since 2008 This could be the worst week for stocks since the financial crisis. Stocks swung wildly in another volatile day of trading Friday. The Dow stormed back for a gain after losing more than 500 points. Fears about inflation and soaring bond yields have sent the Dow plunging about 6% this week. If it closes down more than 6.4%, the week will be the worst since 2008. "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. Traders are closely watching the 2,538 level on the S&P 500. The index briefly sank below that point, known as the 200-day moving average, in afternoon trading. If the S&P closes below that level, it could cause even more trouble for stocks, analysts say. After losing a record 1,175 points on Monday, the Dow tumbled 1,033 points more on Thursday . It landed in a correction,
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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