Houlihan Lokey, State Street, Stifel, Blackstone, and TPG Shares Plummet, What You Need To Know

2026-03-06 19:15:33

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Shares of Houlihan Lokey, State Street, Stifel, Blackstone, and TPG dropped following a surprisingly weak February jobs report which showed an unexpected decline in employment. The U.S. economy lost 92,000 jobs, contrary to forecasts, and the unemployment rate rose to 4.4%. This raises concerns about potential economic strain and increased credit risk for financial institutions.

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