Wells Fargo's deposits and loans are under pressure from two years of scandal. It's cutting up to 26,500 jobs and shutting hundreds of branches. And the bank's stock price has trailed the rest of the market.
|
| |
| News: What you need to know about the markets | | | | | | Wells Fargo has splurged on stock buybacks since fake-accounts scandal
| | Wells Fargo's deposits and loans are under pressure from two years of scandal. It's cutting up to 26,500 jobs and shutting hundreds of branches. And the bank's stock price has trailed the rest of the market. Read more » | | | The Chinese investment boom in America is over
| | The Chinese investment boom into America has almost completely vanished. Read more » | | | Bitcoin is 10 years old. But it won't go mainstreatm until its regulated
| | Bitcoin, the world's most famous cryptocurrency, just celebrated its tenth anniversary. Read more » | | | PG&E, utility tied to wildfires, will file for bankruptcy
| | Pacific Gas and Electric, facing billions of dollars in claims over the deadly 2018 Camp Fire, is headed to bankruptcy court. Read more » | | | Brexit is a nightmare for currency traders
| | Trying to get a handle on where the British pound is headed? Good luck with that. Read more » | | | China's exports just suffered their biggest decline in two years
| | China's huge export industry just suffered its worst month in two years but still managed to rack up a record trade surplus with the United States in 2018 despite new tariffs. Read more » | | | | | | | | | |
| |
| | | -86.11 | | -65.56 | | -13.65 | | 23,909.84 | | 6,905.92 | | 2,582.61 | | -0.36% | | -0.94% | | -0.53% | | YTD +2.50% | | YTD +4.08% | | YTD +3.02% | | | |
| |
| Biggest Winners | | Citigroup Inc | +3.95% | | | | Goodyear Tire & Rubber Co | +2.73% | | | | State Street Corp | +2.16% | | | | Cabot Oil & Gas Corp | +1.99% | | | Biggest Losers | | PG&E Corp | -52.36% | | | | Newmont Mining Corp | -8.89% | | | | Western Digital Corp | -4.92% | | | | Wynn Resorts Ltd | -4.80% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $50.70 | +0.19 / +0.38% | | | Gold | $1,291.90 | +0.60 / +0.05% | | | 10-yr | 2.71% | +0.01 | | | Euro | $1.15 | +0.00 / +0.07% | | |
Hi, let us know what you
think of this newsletter! | | | Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNowFeedback@turner.com | | |
| |
| |
| |
| | Tips, thoughts or questions are always welcome at
MarketsNowFeedback@turner.com | | | ® © 2016 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.
Our Mailing address is:
Cable News Network, Inc.
Attention: Privacy Policy Coordinator
One CNN Center, 13 North
Atlanta, GA 30303 | | | | |
