{"id":959,"date":"2023-03-27T14:16:10","date_gmt":"2023-03-27T14:16:10","guid":{"rendered":"https:\/\/taamfx.com\/?p=959"},"modified":"2023-03-27T14:31:20","modified_gmt":"2023-03-27T14:31:20","slug":"stock-market-news-today-stocks-bank-stocks-rise-after-svb-sale-by-yahoo-finance","status":"publish","type":"post","link":"https:\/\/taamfx.com\/index.php\/2023\/03\/27\/stock-market-news-today-stocks-bank-stocks-rise-after-svb-sale-by-yahoo-finance\/","title":{"rendered":"Stock market news today: Stocks, bank stocks rise after SVB sale, By Yahoo Finance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"959\" class=\"elementor elementor-959\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-300899d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"300899d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-12e966b\" data-id=\"12e966b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f793f23 elementor-widget elementor-widget-text-editor\" data-id=\"f793f23\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 13-03-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>Bond yields got a bounce. The yield on the benchmark 10-year U.S. Treasury note rose to 3.5% Monday morning. WTI crude oil was up $70 a barrel.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Stocks ended a<a href=\"https:\/\/finance.yahoo.com\/news\/stock-market-news-live-updates-march-24-2023-123438023.html\">\u00a0volatile week<\/a>\u00a0with gains on Friday, in a week that saw the Federal Reserve raise rates by 0.25%, while pressures in the U.S. and European banking sectors remained in focus for investors. Shares of Deutsche Bank (<a href=\"https:\/\/finance.yahoo.com\/quote\/DB?p=DB&amp;.tsrc=fin-srch\">DB<\/a>) came under heat Friday after the costs of insuring the<a href=\"https:\/\/www.yahoo.com\/lifestyle\/deutsche-bank-shares-whipsaw-cds-073606582.html\">\u00a0bank against a credit default<\/a>\u00a0spiked overnight. The major stock market indexes all tallied a winning week in the end, with the Dow Jones average gaining 1.2%, the S&amp;P 500 rising 1.4%, and the Nasdaq Composite closing up 1.7%.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Banks will dominate the headlines again this week with the earnings and economic calendars in light. The Senate Banking Committee will hold a hearing on bank failures on Tuesday, with the witness list including FDIC Chairman Martin Gruenberg, Federal Reserve Vice Chairman Michael Barr, and Treasury Undersecretary Nellie Liang.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>\u201cLooking forward, the banking sector will clearly set the scene this week as we approach the month-end on Thursday. The data will be a bit secondary as it&#8217;ll be too early to judge any impact from the mini crisis so far,\u201d Jim Reid and colleagues at Deutsche Bank wrote in a note to clients.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Bank sentiment gained momentum Monday morning. Regional bank stocks trading higher Monday morning include First Republic Bank (<a href=\"https:\/\/finance.yahoo.com\/quote\/FRC?p=FRC&amp;.tsrc=fin-srch\">FRC<\/a>), PacWest Bancorp (<a href=\"https:\/\/finance.yahoo.com\/quote\/PACW?p=PACW&amp;.tsrc=fin-srch\">PACW<\/a>), Western Alliance Bancorporation (<a href=\"https:\/\/finance.yahoo.com\/quote\/WAL?p=WAL&amp;.tsrc=fin-srch\">WAL<\/a>) , Zions Bancorporation (<a href=\"https:\/\/finance.yahoo.com\/quote\/ZION?p=ZION&amp;.tsrc=fin-srch\">ZION<\/a>), and Regions Financial (<a href=\"https:\/\/finance.yahoo.com\/quote\/RF?p=RF&amp;.tsrc=fin-srch\">RF<\/a>).<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Wall Street heavyweights led by JPMorgan (<a href=\"https:\/\/finance.yahoo.com\/quote\/JPM?p=JPM&amp;.tsrc=fin-srch\">JPM<\/a>) have been trying for more than a week to raise capital for First Republic, which included a $30 billion cash lifeline amid the failures of regional lenders Silicon Valley Bank and Signature Bank.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-e87c2dc\" data-id=\"e87c2dc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-935e927 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"935e927\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-703d23a\" data-id=\"703d23a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5488124 elementor-widget elementor-widget-shortcode\" data-id=\"5488124\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\"><a href=\"https:\/\/clicks.pipaffiliates.com\/c?m=6543&c=730988\" referrerpolicy=\"no-referrer-when-downgrade\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/ads.pipaffiliates.com\/i\/6543?c=730988\" width=\"120\" height=\"600\" referrerpolicy=\"no-referrer-when-downgrade\"\/><\/a><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a012afb elementor-widget elementor-widget-shortcode\" data-id=\"a012afb\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\"><script src=\"https:\/\/fbs.partners\/banner\/20f1729b68127e93d910df59ae63d171840b6ce0a81ee0ec2753ffba1de19f6f\/3832\/script.js?ibp=32253151\" id=\"20f1729b68127e93d910df59ae63d171840b6ce0a81ee0ec2753ffba1de19f6f\" async><\/script><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Bond yields got a bounce. The yield on the benchmark 10-year U.S. Treasury note rose to 3.5% Monday morning. WTI crude oil was up $70 a barrel. Stocks ended a\u00a0volatile week\u00a0with gains on Friday, in a week that saw the Federal Reserve raise rates by 0.25%, while pressures in the U.S. and European banking sectors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[],"class_list":["post-959","post","type-post","status-publish","format-standard","hentry","category-latest-news-market"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/posts\/959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/comments?post=959"}],"version-history":[{"count":7,"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/posts\/959\/revisions"}],"predecessor-version":[{"id":967,"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/posts\/959\/revisions\/967"}],"wp:attachment":[{"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/media?parent=959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/categories?post=959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taamfx.com\/index.php\/wp-json\/wp\/v2\/tags?post=959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}