US Markets Wrap

Stocks closed lower for a fourth day running, coming on the back of renewed bank worries, The Dow too, turns negative for the year, pulling back 0.06% year to date, with declines in Boeing, Disney, Goldman Sachs and American Express shares dragging on the Dow. Yussef Gheriani, Director of Investments and Operations at IHT Wealth Management gives a deep dive on ripples shaking the banking sector, how things are shaping up for AI and big tech, as well as spaces to watch out for.  Presenter: Ryan Huang Producer: Yeo Kai Ting (ykaiting@sph.com.sg)

Stocks fell after the Federal Reserve raised rates by 25 basis points, as widely expected. Rates were raised by another quarter-point to a target range of 5% to 5.25%, the highest level since 2007. Kelvin Wong, Senior Market Analyst at OANDA shares his take on the notable movers overnight, the risk of a recession and whether he thinks the banking sector is healthy at this point.

Stocks tumbled overnight on Wall Street as jitters around contagion in the regional banking sector returned ahead of the Federal Reserve’s rate decision.  Mark Newton, Managing Director & Global Head of Technical Strategy at Fundstrat Global Advisors analyses the banking turmoil, VIX index and what the technicals say about the healthcare, tech & banking sectors. Presenter: Ryan Huang Producer: Yeo Kai Ting (ykaiting@sph.com.sg)

Mark Matthews, Managing Director & Head of Research Asia, Julius Baer shares his perspective on whether JPMorgan buying First Republic Bank assets will help to soothe nerves, what to watch out for ahead of FOMC's meeting and an analysis on earnings season so far. Presenter: Ryan Huang Producer: Yeo Kai Ting (ykaiting@sph.com.sg)