The Nasdaq Composite dropped into bear market territory in late 2021, and the technology-heavy index is still 30% off its high. The Nasdaq has never failed to recoup its losses from previous bear markets, and many Nasdaq growth stocks are trading at valuations not seen in years. The first stock worth buying is Amazon (NASDAQ: AMZN). Read More...
Reuters
Credit Suisse shares fall again, sentiment remains fragile
LONDON/ZURICH (Reuters) -Shares in Credit Suisse resumed their decline on Friday, giving up early gains, in a sign that investor sentiment remains fragile in a week that has seen the troubled Swiss lender secure a $54 billion lifeline. Credit Suisse fell by as much as 5.8% following two days of sharp swings, which saw the its shares jump 20% on Thursday following a 24% drop on Wednesday when its largest investor said it would not be able to increase its stake. DBRS Morningstar on Thursday became the first global rating agency to cut the bank’s credit score, with a downgrade to “BBB”, which still qualifies Credit Suisse as investment grade.
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