Banks lead stock gains after First Citizens buys SVB assets

US stocks trade mixed as bank fears ebb with sale of SVB assets to First Citizens

Bank jitters eased Monday as First Citiizens announced a deal to acquire assets from SVB. A Senate hearing on the bank crisis is slated for Tuesday.

Mon. 11:32 a.m.: Banks lead stock gains after First Citizens buys SVB assets

NEW YORK (AP) — Socks are rising on Wall Street this morning as battered banks show more strength, at least for now. The S&P 500 was 0.6 percent higher as of 9:55 a.m. Eastern time. The Dow Jones Industrial Average rose 250 points, or 0.8 percent, to 32,490 and the Nasdaq composite rose 0.5 percent. Markets have been in turmoil following the second-and third-largest U.S. bank failures in history earlier this month. Investors have been hunting fo…

Banks lead stock gains after First Citizens buys SVB assets

NEW YORK (AP) — Socks are rising on Wall Street Monday as battered banks show more strength, at least for now. The S&P 500 was 0.6% higher as of 9:55 a.m. Eastern time. The Dow Jones Industrial Average rose 250 points, or 0.

Banks lead stock gains after First Citizens buys SVB assets

NEW YORK (AP) — Socks are rising on Wall Street Monday as battered banks show more strength, at least for now. The S&P 500 was 0.6% higher as of 9:55 a.m. Eastern time. The Dow Jones Industrial Average rose 250 points, or 0.

Banks lead stock gains after First Citizens buys SVB assets

NEW YORK (AP) — Socks are rising on Wall Street Monday as battered banks show more strength, at least for now. The S&P 500 was 0.6% higher as of 9:55 a.m. Eastern time. The Dow Jones Industrial Average rose 250 points, or 0.

Banks lead stock gains after First Citizens buys SVB assets

NEW YORK (AP) — Socks are rising on Wall Street Monday as battered banks show more strength, at least for now. The S&P 500 was 0.6% higher as of 9:55 a.m. Eastern time. The Dow Jones Industrial Average rose 250 points, or 0.