Silicon Valley Bank is the latest example of a surprise event that may spook the markets. Investors who hang on will be rewarded, one advisor says.
Category: Finance News
Something broke, but the Fed is still expected to go through with rate hikes
Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system.
Stocks making the biggest moves midday: First Republic Bank, Moderna, Newmont, Illumina and more
These are the stocks posting the largest moves midday.
Why regulators seized Signature Bank in third-biggest bank failure in U.S. history
The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.
Charles Schwab shares head for worst day ever, drop 20% as fears of banking crisis deepen
It would be Schwab’s worst one-day sell-off ever if the decline is worse than the 19% it suffered in April 2000.
‘A huge relief’: Startups react to Silicon Valley Bank UK’s HSBC rescue deal
“We can look our teams in the eye … and say, not only will we be able to make next payroll but we can continue business as usual,” said one startup founder.
Investors rush into bonds, gold in flight to safety after SVB rescue
Investors flocked to safe-haven assets amid an emergency plan to backstop the banking system and limit the impact from the collapse of Silicon Valley Bank.
Stocks making the biggest moves premarket: Illumina, First Republic, Seagen and more
Bank lenders saw major losses in early morning trading, stinging from the closure of Silicon Valley Bank and Signature Bank.
SVB depositor rescue was a move that even this mother could love
People like her were pulling money out of their bank accounts to buy Treasurys.
Silicon Valley’s ‘greed and avarice’ have ‘finally come home to roost’ in SVB collapse, trader says
“Banking should be boring, a lot like watching paint dry — and any time it’s not, you’ve got a problem,” one investor told CNBC.