{"id":82611,"date":"2025-10-16T17:24:08","date_gmt":"2025-10-16T17:24:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/82611\/"},"modified":"2025-10-16T17:24:08","modified_gmt":"2025-10-16T17:24:08","slug":"stock-rally-sputters-as-two-regional-banks-get-hit-markets-wrap","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/82611\/","title":{"rendered":"Stock Rally Sputters as Two Regional Banks Get Hit: Markets Wrap"},"content":{"rendered":"<p>A rally in stocks sputtered as a pair of regional banks tumbled and geopolitical concerns resurfaced, underscoring the fragility of a $28 trillion bull market showing signs of exhaustion. Bonds and gold rose.<\/p>\n<p>Following an earlier advance driven by another solid outlook for artificial-intelligence demand, the S&amp;P 500 wiped out gains as two regional lenders disclosed problems with loans involving allegations of fraud, adding to concern that more cracks are emerging in borrowers\u2019 creditworthiness.<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/10\/1760635448_446_\" data-size=\"embedded\"\/>  <\/p>\n<p>Stock rally sputters.<\/p>\n<p>Source: Bloomberg<\/p>\n<p>Shares of Zions Bancorp sank as much as 9.8% after it disclosed a $50 million charge-off for a loan underwritten by its wholly-owned subsidiary, California &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"A rally in stocks sputtered as a pair of regional banks tumbled and geopolitical concerns resurfaced, underscoring the&hellip;\n","protected":false},"author":2,"featured_media":82612,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,63431,63430,63427,63433,37421,63428,3508,6833,220,111,139,69,63432,63429,781,1817,63434],"class_list":["post-82611","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-car-title-loans","tag-commercial-lending","tag-credit-markets","tag-derivatives","tag-economic-outlook","tag-exchange-traded-funds","tag-interest-rates","tag-large-language-models","tag-markets","tag-new-zealand","tag-newzealand","tag-nz","tag-pawn-loans","tag-securities-fraud","tag-stock","tag-stock-market","tag-subprime-lending"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/82611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=82611"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/82611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/82612"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=82611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=82611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=82611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}