What Drove the Nasdaq Past 20,000: Identifying Weaknesses in the Stock Market
What propelled the Nasdaq above 20,000 — plus, weak spots in the stock market Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: Tech stock strength on Wednesday pushed the Nasdaq up nearly […]
Another Disappointing Quarter for NYCB Reveals Ongoing CRE Challenges for Banks
Another bad quarter for NYCB shows CRE problems are not yet behind banks Regional lender New York Community Bancorp (NYCB) offered a new reminder Friday that commercial real estate problems are not totally in the rear-view mirror of US banks. The Hicksville, NY-based regional lender posted higher loan loss provisions and loan write-offs in the […]