The Latest Breaking News on Dow Falls As Indexes Slide Late Ahead Of Debt Ceiling Vote; Broadcom, GameStop, AI Stock Earnings Next

Hong Kong (AFP) - Asian markets struggled Tuesday as investors eyed the release of US inflation data later in the week that could play a key role in shaping the Federal Reserve's interest rate plans.

New York (AFP) - European and US stocks ended little changed on Monday as investors awaited key inflation data and digested a survey of lenders that showed greater caution among US banks.

The major indexes struggled for direction Monday amid more volatility in regional bank stocks and ahead of this week's key inflation updates.

Investors remain jittery over the future of regional banks. PacWest Bancorp (PACW) has seen its stock price plummet over the past few weeks on concerns over its ability to stay afloat. With news of the bank looking at several strategic options, including a sale, I believe it could be wise…

Stock futures edge higher as recession concerns fade; Week Ahead: April cpi data, Disney earnings in focus; Apple gets Buffett endorsement after Q2 earnings boost; PacWest extends rally on dividend cut as regional banks recover and Yellen warns on debt ceiling 'catastrophe' amid Biden, GOP standoff.

For a week that was filled with news and earnings, the market failed to react in any major fashion. The S&P 500 ($SPX) (SPY) finished the week 0.80% lower. Watching the Goliath Apple (AAPL) report better-than-expected earnings helped to buoy the market along with a stronger-than-expected NFP report.

Economists warn that two more US banks are on the verge of collapse after the Federal Reserve lifted its key interest rates by 0.25% this week, prompting stock prices of American lenders to drop sharply after the hike.

Despite the recent banking crisis, the federal regulators have assured that the banking system is strong. However, the tightening of credit standards remains a concern. Investors could look to buy banking stocks Community Financial (TCFC) and Hanover Bancorp (HNVR), which look undervalued at current prices. Keep reading.

The chaos in the banking industry is one more headache for the Biden administration as officials try to steer the economy away from recession.

The ABA called for a probe into short sellers profiting off the bank crisis. Sen. Warren wants answers from First Republic executives.

Looming concerns of a recession and the banking crisis might keep the stock market under pressure for longer. Amid heightened volatility in the stock market, Coca-Cola (KO), Starbucks (SBUX), and Chipotle Mexican Grill (CMG), which have solid brand recognition, might be ideal buys. Keep reading.