Bloomberg Daybreak: Asia Edition cover image

Traders Await Fed Decision as Banking Fears Resurface

Bloomberg Daybreak: Asia Edition

00:00

The Fed's Next Move

PacWest shares were down 28% to a record low, while Western Alliance tumbled 15%. It's renewed fears over the health of the financial system following the failure of First Republic Bank. Icon Enterprises has seen its stop drop the most on record after being targeted by a short seller. Starbucks easily topping earnings and sales estimates for last quarter.

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