Stocks sink, Dow closes over 470 points lower on Friday

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Jared Blikre,Trading Day

US equity markets (^DJI, ^IXIC, ^GSPC) sink lower to end Friday's session, closing the trading week lower for the second consecutive week. The Dow Jones...

Investors are watching for the giant banks to demonstrate how they benefit if interest rates remain higher than expected this year, closing the trading week lower for the second consecutive week. The Dow Jones Industrial Average fell by over 400 points, the second time this week.

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A brazen cyber-heist of $14.2 million has sparked a bizarre court battle between one of Canada's largest banks and one of the country's biggest cryptocurrency services business.Nearly three months after hackers wired millions out of Canadian Western Bank's accounts payable system, a B.C. Supreme Court judge unfroze accounts this week belonging to Aquanow — the Vancouver-based digital platform the thieves used to convert the money into Bitcoin.

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Stocks dip Friday morning, financials react to bank earningsStock market indexes (^DJI, ^IXIC, ^GSPC) open Friday's session lower after a tumultuous trading week driven by March's inflation data. Morning Brief anchors...
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