- Signature Bank tumbles 8.18% halfway through the session As things stand, Bank OZK (down 6.6%) and Playtika (down 3.48%) are underperforming today
- European markets are currently mixed so far this session.
With the trading session well underway, the leading indices were losing ground — S&P 500 drawing back 1.82% to 3,997.45. Dow Jones trades at 33,935 after losing 1.44%.
European markets are in session with varied performances. Asia-Pacific markets are currently mixed so far this session.
While price action maintains a negative bias, United States ISM Non-Manufacturing PMI (Nov) came out at 56.5, while a consensus of analysts was expecting 53.3. Data for United States Factory Orders published today at 15:00 UTC came out at 1%, beating projections of 0.7% and showing improvement over the preceding figure of 0.3%. United States ISM Non-Manufacturing Employment (Nov) released today at 15:00 UTC with a figure of 51.5, while the previous figure was 49.1.
Moreover, United States Crude Oil Inventories is projected to outperform its last figure with -2.76 million, having previously been at -12.58 million. The figure will be published Wednesday.
Furthermore, United States EIA Short-Term Energy Outlook will be released tomorrow at 17:00 UTC.
Signature Bank is trading at $124.87, tumbles 8.18%. As things stand, Bank OZK (down 6.6%), Playtika (down 3.48%) are also underperforming today.
Bank OZK currently down 6.6% prior to afternoon session
More of the same today: the Arkansas-based retail bank drops 6.6% in early trade and remains within touching distance of the $42.37 level. The company's market cap is $4.98 billion with an average daily trading volume of 542,719 shares.