US stocks open lower.PacWest Bancorp shares are halted down 41%.Apple earnings after close

The major US bank in the US are opening lower led by regional bank declines. The KRE ETF is trading down $1.22 or -3.17%. Shares of PacWest Bancorp are trading down $-2.67 or -41.59%. Shares are halted for volatility Volatility In terms of trading, volatility refers to the amount of change in the rate of an index or asset, such as forex, commodities, stocks, over a given time period. Trading volatility can be a means of describing an instrument’s fluctuation. For example, a highly volatile stock equates to large fluctuations in price, whereas a low volatile stock equates to tepid fluctuations in price. Overall, volatility is an important statistical indicator used by many parties, including financial traders, analysts, In terms of trading, volatility refers to the amount of change in the rate of an index or asset, such as forex, commodities, stocks, over a given time period. Trading volatility can be a means of describing an instrument’s fluctuation. For example, a highly volatile stock equates to large fluctuations in price, whereas a low volatile stock equates to tepid fluctuations in price. Overall, volatility is an important statistical indicator used by many parties, including financial traders, analysts, Read this Term. A snapshot of other regional banks shows:

• Zion Bancorp is trading down -2.91%
• Comerica is trading down -3.32%
• Key Bancorp is trading down -3.78%

Looking at the major indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term:

• Dow industrial average is trading down 80 points or -0.24% at 33334
• S&P index is down -12 points or -0.30% at 4079
• NASDAQ index is trading down 40 points or -0.32% at 11986
• Russell 2000 is trading down -11.13 points or -0.64% at 1728.19

Apple report after the earnings and their shares are being marked lower. The price is currently down $-2.93 or -1.76% at $164.59.

US yields are mixed with the shorter end down while the longer end is higher:

• 2 year yield 3.860% -7.9 basis points
• 5 year yield 3.352% -5.9 basis points
• 10 year yield 3.391% -1.3 basis points
• 30 year yield 3.740% +2.5 basis points

in other markets:

• Gold is trading down $8.93 or -0.42% at $2034.26.
• Silver is trading unchanged $25.60
• WTI crude oil is down $0.31 and $68.29
• Bitcoin is trading back below the $29,000 level at $28,862

The EURUSD is trading down and back up as ECBs Lagarde press conference moves toward a conclusion.

Looking at the hourly chart, the price move down to a swing area and natural support target near 1.100 after breaking below its 200 and 100 hour moving averages. That break could not be sustained. The price is not back higher and currently trades at 1.1035.

At the ECB meeting some members wanted a 50 basis point hike. The "journey" of rate hikes is not over. Inflation remains elevated

Here is an update of some of the major regional banks: