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Troubling First Republic Results May Weigh On Wall Street

Por: RTTNews Business April 25, 2023

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The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move to the downside after ending the previous session narrowly mixed.Negative sentiment may be generated in reaction to quarterly results from First Republic (FRC), with the regional bank plunging by 21.4 percent in pre-market trading.The steep drop by First Republic comes after the company reported a loss of more than $100 billion in deposits... + full article



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