Stock Market Update
27-Feb-26 12:35 ET
Banking names lower
Dow -695.10
at 48802.99,
Nasdaq -216.33
at 22662.07,
S&P -46.50
at 6864.35
[BRIEFING.COM] The major avereages contineu to trade in a relatively stable range shortly after midday.
Bloomberg reports that several banking names are under pressure today due to the collapse of UK mortgage provider Market Financials Solutions.
Apollo Global Management (APO 104.86, -9.54, -8.34%), Wells Fargo (WFC 80.73, -5.57, -6.45%), and Barclays PLC (BCS 24.23, -1.06, -4.19%) are among the names with exposure mentioned.
