5 things to know before the stock market opens Tuesday
Publishing timestamp: 2023-03-28 07:31:50
Summary
Disney begins layoffs as part of cost-cutting measures, Binance and its CEO are accused of violating anti-money laundering rules by the CFTC, Alibaba announces plans to split into six distinct businesses, Ukraine receives tank shipments from Germany and the UK as it prepares for a counteroffensive against Russian forces, and Belarus defends its decision to host Russian nuclear weapons amid tensions with NATO. The US stock market finished mostly higher on Monday, with regional bank stocks surging and tech dragging down the Nasdaq. The Federal Reserve's vice chairman for supervision will discuss recent bank sector volatility in a Senate hearing on Wednesday.
Sentiment: MIXED
Keywords: investment strategy, business, business news, markets, walt disney co, alibaba group holding ltd, economy,
Source: https://www.cnbc.com/2023/03/28/5-things-to-know-before-the-stock-market-opens-tuesday-march-28.html