Stock Indexes Fall as Regional Bank Stocks Plunge
Yahoo Finance·2025-10-17 04:51
The escalation of trade tensions between the US and China, along with the ongoing US government shutdown, has sparked a buying spree in precious metals as a haven, with gold and silver reaching fresh all-time highs today.Thursday’s US economic news was mixed for stocks. On the negative side, the Oct Philadelphia Fed business outlook survey fell -36.0 to a 6-month low of -12.8, weaker than expectations of 10.0. Conversely, the Oct NAHB housing market index rose +5 to a 6-month high of 37, stronger than expec ...