European stocks edged down under pressure with Deutsche Bank AG and Banco Santander SA shares, a day after equities rallied as Brexit-associated stresses seemed to ebb.
The Stoxx Europe 600 SXXP, 0.03% fell 0.1% to 326.09. Health care, telecommunications and financial shares were lower, but the total decrease was limited by increases for technology, fundamental stuff and industrial shares.
European stocks on Wednesday soared 3.1%, marking a second straight day of sudden increases after a two-session rout in the aftermath of the U.K.’s vote to leave the European Union.
Tabs will be kept by investors on Thursday on the jockeying among Conservative Party members who would like replace Prime Minister David Cameron and to become the new leader of the party. Cameron, who needed the U.K. to remain in the EU, last week said he’s stepping down.
Banks: Shares of German lender Deutsche Bank AG DBK, -2.84% and Spain’s Banco Santander SAN, -1.75% dropped 3.7% and 2.4%, respectively.
The Fed said it found significant weaknesses and “wide-ranging across their capital planning procedures, and inadequate improvement these businesses have made toward matching supervisory anticipations and correcting those weaknesses.”
Barclays PLC (BCS) stopped last trading session with a change of 4.11 percent. It trades at a typical volume of 8.44M shares versus 32.13M shares recorded at the end of last trading session. The share price of $7.6 is at a space of 12.43 percent from its 52-week low and down -56.69 percent versus its summit. The firm has a market cap of $33.1B and now has 4.36B shares outstanding. The stock has a weekly performance of -29.04 percent and is -40.15 percent year to date as of the recent close.
It’s a previous 5-day performance of -9.84 percent and trades at an average quantity of 20.5M shares. The stock has a 1-month performance of -1.96 percent and is -34.45 percent year to date as of the recent close. The share price is now -10.94 percent versus its SMA20, -13.62 percent versus its SMA50, and -29.93 percent versus its SMA200.