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Banks lead stock gains after First Citizens buys SVB assets

Summary by Ground News
Futures for the Dow Jones Industrial Average and S&P 500 each climbed 0.8%. The FDIC took control of Silicon Valley Bank after it collapsed on March 10. Deutsche Bank, whose stock tumbled 8.5% in Germany on Friday, gained 3.2%.

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Bias Distribution

  • 67% of the sources lean Left
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The Columbian broke the news in Vancouver, United States on Monday, March 27, 2023.
Sources are mostly out of (0)