Why Stock Traders Worry About European Banks
Major European share markets closed lower on Friday, ending another turbulent week. On Wall Street, falls extended in late trade to take the Dow Jones to a close of 1.57%. Many factors account for the volatility of the markets. Among the most worrisome are concerns about the strength of European banks. Host Lisa Mullins talks to New York-based market analyst Otis Casey, of Markit Financial Information about this crisis of confidence.
The article you just read is free because dedicated readers and listeners like you chose to support our nonprofit newsroom. Our team works tirelessly to ensure you hear the latest in international, human-centered reporting every weekday. But our work would not be possible without you. We need your help.
Make a gift today to help us reach our $25,000 goal and keep The World going strong. Every gift will get us one step closer.