Shares of banks and other financial institutions fell as private-credit worries persisted.
Specialists in direct loans to corporations, including Blue Owl, Apollo Global Management and Blackstone, tested their recent lows, sliding deeper into the red for the year to date.
Shares of legal-finance firm Burford Capital tumbled by more than 45% after a U.S. appeals court judge found in favor of Argentina in a $16 billion case brought by shareholders following the nation's expropriation of oil company YPF.
Two Harbors Investment accepted an improved acquisition bid from CrossCountry Mortgage, backing out of its previous merger agreement with UWM Holdings.
Spanish lender Banco Santander said it had a strong start to the year, with growth in customers and revenue, and backed its targets despite increasing global economic uncertainty.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-27-26 1737ET
