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US Stocks Pare Gains as Banks Rebound; Bonds Drop: Markets Wrap - Vimarsana News

US Stocks Pare Gains as Banks Rebound; Bonds Drop: Markets Wrap

(Bloomberg) -- US stocks pared gains while bonds slid as the banking sector bounced off recent lows on the prospect of further support from US authorities. The S&P 500 pulled back from an as much as 0.8% climb while a banking sector rebound eased. The policy-sensitive Nasdaq 100 reversed early gains. First Citizens BancShares Inc. led a rally in regional lenders after agreeing to buy SVB Financial Group’s Silicon Valley Bank. First Republic Bank jumped on a Bloomberg report that US authorities are considering expanding an emergency lending facility that would give the lender more time to bol...

Stocks Pare Gains on Tech Weakness; Bonds Retreat: Markets Wrap - Vimarsana News

Stocks Pare Gains on Tech Weakness; Bonds Retreat: Markets Wrap

(Bloomberg) -- Gains in financial shares lifted US stocks, while Treasuries retreated as fears of broader contagion from the banking turmoil eased. Tech shares slumped after last week’s rally. The S&P 500 rose on Monday, with financial firms in the index up more than 1%. Energy producers also advanced. The tech-heavy Nasdaq 100 ended the session 0.7% lower capping a two-week advance. The two-year Treasury yield headed topped 4%. A gauge of regional lenders climbed roughly 2.5% as First Citizens BancShares Inc. rallied more than 50% after agreeing to buy SVB Financial Group’s Silicon Valley...

Bears Have the Advantage, but Bulls Are Digging Deep for a Positive Catalyst - Vimarsana News

Bears Have the Advantage, but Bulls Are Digging Deep for a Positive Catalyst

Bears Have the Advantage, but Bulls Are Digging Deep for a Positive Catalyst

US Stocks Climb; Treasuries Drop After BOJ's Move: Mark... - Vimarsana News

US Stocks Climb; Treasuries Drop After BOJ's Move: Mark...

US stocks climbed as shares of major technology companies rose and investors parsed data that showed Federal Reserve tightening is hitting the economy. Treasuries dropped after a sudden hawkish move from the Bank of Japan sent the yen soaring and raised expectations it would join its peers else...

Asian equities fall on rates outlook; yen steady: markets wrap - Vimarsana News

Asian equities fall on rates outlook; yen steady: markets wrap

Bitcoin fell 0.3% to $16 706.32.