The major US bank in the US are opening lower led by regional bank declines. The KRE ETF is trading down $1.22 or -3.17%. Shares of PacWest Bancorp are trading down $-2.67 or -41.59%. Shares are halted for volatility
Volatility
In terms of trading, volatility refers to the amount of change in the rate of an index or asset, such as forex, commodities, stocks, over a given time period. Trading volatility can be a means of describing an instrument’s fluctuation. For example, a highly volatile stock equates to large fluctuations in price, whereas a low volatile stock equates to tepid fluctuations in price. Overall, volatility is an important statistical indicator used by many parties, including financial traders, analysts,
In terms of trading, volatility refers to the amount of change in the rate of an index or asset, such as forex, commodities, stocks, over a given time period. Trading volatility can be a means of describing an instrument’s fluctuation. For example, a highly volatile stock equates to large fluctuations in price, whereas a low volatile stock equates to tepid fluctuations in price. Overall, volatility is an important statistical indicator used by many parties, including financial traders, analysts,
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- Zion Bancorp is trading down -2.91%
- Comerica is trading down -3.32%
- Key Bancorp is trading down -3.78%
- Dow industrial average is trading down 80 points or -0.24% at 33334
- S&P index is down -12 points or -0.30% at 4079
- NASDAQ index is trading down 40 points or -0.32% at 11986
- Russell 2000 is trading down -11.13 points or -0.64% at 1728.19
US yields are mixed with the shorter end down while the longer end is higher:
- 2 year yield 3.860% -7.9 basis points
- 5 year yield 3.352% -5.9 basis points
- 10 year yield 3.391% -1.3 basis points
- 30 year yield 3.740% +2.5 basis points
in other markets:
- Gold is trading down $8.93 or -0.42% at $2034.26.
- Silver is trading unchanged $25.60
- WTI crude oil is down $0.31 and $68.29
- Bitcoin is trading back below the $29,000 level at $28,862
