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How XPeng and Newmont Avoided Friday's Stock Market Rout

TheMotleyFool

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How XPeng and Newmont Avoided Friday's Stock Market Rout: https://g.foolcdn.com/editorial/images/725140/gold-nuggets-getty.jpg

Stock-market investors remained unconvinced that the recent crisis in the regional banking industry has come to an end, and Friday's market action showed the extent of their nervousness. Many bank stocks fell anew on fears that action taken by the nation's biggest banks wouldn't address the core challenges facing the industry.

That sent the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) down more than 1%, although the Nasdaq Composite (NASDAQINDEX: ^IXIC) held up a bit better.

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Source Fool.com

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