Stocks that traded heavily or had substantial price changes on Monday: Tesla, Domino’s Pizza rise; AMC Entertainment, SoFi Technologies fall
Three leading credit rating agencies expressed concerns about conditions affecting the banking system right now.
S&P's bank downgrades haven't severely hurt the broader financial sector, but risks remain, and it's tough for the broader market to rally without financials.
A rise in revenues and higher rates support UMB Financial's (UMBF) Q1 earnings, while an increase in provisions for credit losses and a decline in credit quality were the undermining factors.
UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced net income for the first quarter of 2023 of $92.4 million, or $1.90 per diluted share, compared to $100.2 million, or $2.06...