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LONDON: US and European stock markets fell on Friday as fears over the health of the banking system festered despite the latest efforts to shore up troubled lenders and tamp down contagion risks.
LONDON: US and European stock markets fell on Friday as fears over the health of the banking system festered despite the latest efforts to shore up troubled lenders and tamp down contagion risks.
Wall Street stocks rose on Monday after US President Joe Biden sought to reassure that the US banking system is sound following the collapse of two lenders..
European stocks tanked Monday while US stocks fell as investors shrugged off global efforts to stem a fast-moving crisis emanating from the US banking sector.
Silicon Valley Bank was the 16th-largest bank in the United States and popular with tech startups