Raymond James analyst David Feaster downgrades First Commonwealth (NYSE:FCF) from Outperform to Market Perform.
Asia Markets Mixed, Europe Slides While Crude Oil Trades Above $90 – Global Markets Today While US Was Sleeping
On Friday, September 22, the U.S. stock markets closed in the red following a turbulent week highlighted by 16-year highs in benchmark Treasury yields and a hawkish outlook from the Federal Reserve.
The S&P 500 and the Nasdaq experienced their steepest week-to-week declines since March. Most sectors in the S&P 500 finished with losses.