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Stocks Knocked Lower On More Banking Fears; Shopify, Lantheus, AEM In Focus
The SPDR Regional Banking ETF dropped sharply amid liquidity concerns for PacWest Bancorp and Western Alliance. Volume rose on the NYSE, giving the S&P 500 another distribution day. Shopify and Lantheus were earnings standouts, while gold producer Agnico-Eagle Mines cleared a cup-with-handle base.
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By Investor's Business Daily
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The SPDR Regional Banking ETF dropped sharply amid liquidity concerns for PacWest Bancorp and Western Alliance. Volume rose on the NYSE, giving the S&P 500 another distribution day. Shopify and Lantheus were earnings standouts, while gold producer Agnico-Eagle Mines cleared a cup-with-handle base.
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