Bank Stocks Dipping, Oil Price Rising, and Disney's New Partnership 8/9/23

Bank stocks are getting hit hard due to Italy's proposed windfall tax and Moody's downgrade of several regional lenders. The New York Times' Kate Kelly explains. Plus, oil prices are rising following weaker-than-expected Chinese inflation data. RBC's Helima Croft discusses. And, Disney reports earnings after the close today, with ESPN's new partnership with Penn Entertainment now front and center. CNBC.com's Alex Sherman previews the results. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.