Stock Market

The Dow Jones reversed Monday, as the FDIC guaranteed all deposits of SVB Financial. First Republic crashed 65% on ongoing bank fears.

[AXP](https://research.investors.com/quote.aspx?symbol=AXP)) [PANW](https://research.investors.com/quote.aspx?symbol=PANW)) [CRM](https://research.investors.com/quote.aspx?symbol=CRM)) [Recent IBD Stock Of The Day](https://www.investors.com/research/ibd-stock-of-the-day/newr-stock-new-relic-boosts-data-analysis/), New Relic, is working on a flat base with a 80.98 buy point in the aftermath of the Feb. [4 Top Growth Stocks To Buy And Watch In The Stock Market Correction](https://www.investors.com/stock-lists/stocks-near-a-buy-zone/dow-jones-leader-salesforce-3-other-top-stocks-to-buy-and-watch/) [strong fourth-quarter results](https://www.investors.com/news/technology/crm-stock-salesforce-earnings-salesforce-stock-q42022/). [Five Dow Jones Stocks To Buy And Watch Now](https://www.investors.com/research/dow-jones-stocks/) [IBD Leaderboard](https://leaderboard.investors.com/#/leaders/leadersnearabuypoint) watchlist stock Palo Alto Networks continues to trade quietly in a handle after the stock's 12.5% surge on Feb. [cybersecurity giant announced good results](https://www.investors.com/news/technology/panw-stock-palo-alto-earnings-q42022/) for the January-ended quarter that saw earnings hit $1.05 a share, up 81% vs. New Relic was recently an [IBD Stock Of The Day](https://www.investors.com/research/ibd-stock-of-the-day/newr-stock-new-relic-boosts-data-analysis/). [guaranteed all deposits](https://www.wsj.com/articles/federal-reserve-rolls-out-emergency-measures-to-prevent-banking-crisis-ba4d7f98) of SVB Financial ( [SIVB](https://research.investors.com/quote.aspx?symbol=SIVB)). And after Friday's selloff we've cut our outlook further, to 'market in correction.' This requires investors to avoid any stock purchases and pivot to defensive trading, such as taking profits and [cutting losses short](https://www.investors.com/how-to-invest/investors-corner/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short/)." [TSLA](https://research.investors.com/quote.aspx?symbol=TSLA)) traded down more than 2% Monday morning after Wolfe Research downgraded the stock to peer perform from outperform. Regulators on Sunday also took control of Signature Bank ( [SBNY](https://research.investors.com/quote.aspx?symbol=SBNY)).

U.S. stocks rose after federal banking regulators took aggressive actions to stem the fallout of Silicon Valley Bank's failure.

U.S. stocks wavered Monday as volatile trading gripped Wall Street after federal banking regulators took aggressive actions to stem the fallout of Silicon ...

Bank shares in Europe and Asia plunged on Monday as the United States' move to guarantee the deposits of the collapsed tech-focused lender Silicon Valley ...

[(.SX7P)](https://www.reuters.com/quote/.SX7P) closed 5.7% lower. and what needs to be overhauled," said Mark Sobel, a former senior Treasury official and U.S. Early last week a 25 basis point hike was fully priced in, with a 70% chance seen of 50 basis points. "A serious investigation needs to be undertaken on why the regulators missed red flags ... But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?" Trading in the stocks was [halted several times](/markets/us/futures-rise-bets-likely-rate-hike-pause-after-svb-collapse-2023-03-13/) due to volatility. Emboldened by bets that the U.S. [Biden's](/markets/us/biden-defend-us-banking-system-after-svb-signature-collapse-2023-03-13/) efforts to reassure markets and depositors came after [emergency measures](/business/finance/regulators-urged-find-silicon-valley-bank-buyer-industry-frets-about-fallout-2023-03-12/) by the United States to guarantee deposits at both banks failed to dispel investor worries about potential contagion to other lenders worldwide. "When a step (is taken) this big, this quickly, your first thought is 'crisis averted'. bank failure since the 2008 financial crisis. banking system, after the sudden collapse of Silicon Valley Bank [(SIVB.O)](https://www.reuters.com/companies/SIVB.O) and [Signature Bank](/business/finance/new-york-state-regulators-close-signature-bank-2023-03-12/) [(SBNY.O)](https://www.reuters.com/companies/SBNY.O).

Traders work on the floor of the New York Stock Exchange during morning trading on March 13, 2023, in New York City. Timothy A. Clary—AFP/Getty Images.

[Dow](https://fortune.com/company/dow/) Jones industrial average whipsawed to start the day, before falling 0.2%. “The Fed needs to do a significant emergency rate cut to improve the profitability of banks and improve their economic capital positions. “The market is sending a consistent message today: It fears that a U.S. [First Republic Bank](https://fortune.com/company/first-republic-bank/) saw its stock tank another 62% on Monday after last week’s 33% drop, while shares of PacWest Bancorp and Western Alliance [Bancorp](https://fortune.com/company/bancorp/) sank 21% and 47%, respectively. And some experts believe the Fed will be forced to abandon its rate hiking campaign altogether. Investors struggled to assess the fallout from the second- and third-largest bank failures in U.S.

Last updated: 10:00AM EST Stocks erased early losses and moved to positive territory to start the week as the fallout of the SVB collapse left markets ...

[GB:HSBA](https://www.tipranks.com/stocks/gb:hsba)) decided to buy out SVB’s U.K. Hong Kong’s Hang Seng, China’s Shanghai Composite, and Shenzhen Component indices ended the day in the green, up 1.95%, 1.20%, and 0.62%, respectively. At the same time, Britain’s HSBC Holdings ( banks’ financial health and the possibility of a bigger systemic risk. On the other hand, the Nasdaq 100 ( [NDX](https://www.tipranks.com/index/nasdaq-100)) jumped 0.79%. Moreover, the Federal Reserve also announced the launch of a new Bank Term Funding Program (BTFP) that will give loans of up to one year to banks and other financial institutions under its realm, thus boosting depositor safety. EST, the Dow Jones Industrial Average ( The CPI will be an important inflationary metric for the Fed as it decides its future course of monetary policy. futures were highly volatile Monday morning, following the joint statement from the Treasury Department, the Federal Reserve, and the FDIC. Stocks continue to rally halfway through today’s trading session after starting the day in the red. This has caused bond yields to fall drastically over the past week as investors flee to the safety of bonds. As of 2:30 p.m.

Stocks were trying to rebound in volatile trading Monday, as Wall Street continues to assess regulators' actions to contain the potential damage from the ...

“So far the system looks fine, but it needs to be treated with caution ahead, just in case.”\n\nFebruary consumer price data will be released on Tuesday, which will be the next major catalyst for the markets.\n\n“The odds of a 25-basis point hike have risen since investors came to grips with \\[Fed Chairman Jerome\\] Powell’s higher for longer Senate testimony and SVB’s collapse, but with more than just inflation on the plate this week it remains to be seen where expectations will be by week end,” Chris Larkin, managing director of trading at E-Trade, wrote Monday. Treasury separately said they would make more funds available to meet demands for bank withdrawals through a new funding program.\n\nPresident Biden also spoke on Monday to assure Americans that the banking system is “safe” and that SVB’s customers will be protected.\n\n“The best way to restore confidence in the system is to demonstrate that adequate funds are available – which is what the government has done,” wrote portfolio strategists at Natixis Investment Managers.\n\nThe key silver lining, though: Since there’s still some risk to sales – or even financial positions at some other banks – markets are assuming that the Federal Reserve could move less aggressively in lifting interest rates. The two-year Treasury yield, a barometer for expectations about the fed funds rate, is down to below 4.1% from above 5% last week.\n\nIndeed, analysts at Goldman Sachs suggested the central bank could pause its rate-hiking cycle entirely amid a more fragile economic situation.\n\nThe bad news: bank stocks are dropping, with the KBW Bank Index falling 10% Monday. Higher rates are meant to cool high inflation by reducing economic demand, so fewer rate hikes would put less pressure on the economy.\n\nTraders were cutting their bets on interest-rate increases in the U.S. and elsewhere in the fallout of SVB’s collapse, shifting expectations toward a quarter-point increase at the Fed’s March 22 meeting.\n\nTraders are currently pricing in a 58.3% chance of a 25-basis point rate hike, with 32.1% expecting no increase. The odds of a 50-basis point rate increase have dropped to zero, from 40.2% just a day ago.

The number of declining stocks are outpacing advancers 2,083 to 803 on the New York Stock Exchange (NYSE) and 2,563 to 1,358 on the Nasdaq Exchange. And volume ...

And volume in declining stocks is making up 70.8% of total volume on the Big Board and 57.4% of total volume on the Nasdaq. The number of declining stocks are outpacing advancers 2,083 to 803 on the New York Stock Exchange (NYSE) and 2,563 to 1,358 on the Nasdaq Exchange. The gains seen in the Big 3 stock market indexes aren’t telling the real story, as market breadth data suggests the stock market is actually suffering a broad selloff.

The major benchmarks swung higher Monday as investors sought out safety in government bonds.

By Karee Venema • Published Here are five steps you can take today to help reshape your money beliefs. With over a decade of experience writing about the stock market, Karee Venema is an investing editor and options expert at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. [next CPI report](https://www.kiplinger.com/investing/when-is-the-next-cpi-report) will be released ahead of tomorrow's open, while PPI and retail sales are due out Wednesday morning. The probability for a 50 basis point hike, meanwhile, has plunged to zero from 40.2% on Friday. "Regardless of this week’s economic data, however, it's likely that the Fed has landed between a rock and a hard place as it must balance financial stability with its efforts to curtail inflation." The major indexes, meanwhile, managed to stabilize after a rough start. (A basis point = 0.01%.) Prices for gold futures (+2.6% to $1,916.50 an ounce) and First Republic Bank ( banking regulators from the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve and the Treasury Department quickly came together over the weekend to develop a plan to limit risk to the banking sector following the failure of Silicon Valley Bank and Signature Bank. Officials, who cited systemic risk as the catalyst for the closures, took emergency measures to prevent contagion, but bank stocks were still among Wall Street's biggest decliners today.

By Yasin Ebrahim. Investing.com – The Dow closed lower Monday, as investors weighed up a sharp drop in Treasury yields amid bets of a less aggressive ...

government and Federal Reserve stepped to rescue the beleaguered banks, agreeing to backstop all depositors. “Fed funds futures are reducing pricing for the size of a potential hike at that meeting to be closer to 25bps,” Scotia Economics said in a note. [SBNY](/equities/signature-bank)), the U.S.

Dow Jones Industrial Average futures rose by 117 points, or 0.37%. S&P 500 and Nasdaq 100 futures climbed 0.32% and 0.22%, respectively. Bank stocks rebounded ...

[SPDR S&P Regional Banking ETF](/quotes/KRE/) rose 1.1% in extended trading. Dow Jones Industrial Average futures rose by 78 points, or 0.24%. Economists polled by Dow Jones are expecting a rise of 0.4% last month. "None of them have the risk of contagion — I mean, this is overblown, but I don't think from an operational standpoint, it has that risk." That's down from a 0.5% increase the prior month. Shares of [First Republic Bank](/quotes/FRC/) [popped 14% in extended trading](#107207927-DIXkQF1-F), after closing down nearly 62% on Monday. Investors are hotly anticipating the latest inflation data. The Dow lost 90.50 points, or 0.28%, while the broad-market index lost 0.15%. stock futures rose on Monday night after the Dow Jones Industrial Average notched a fifth day of losses. [SPDR S&P Regional Banking ETF](/quotes/KRE/) (KRE) rose more than 2% in extended trading. Dow Jones Industrial Average futures rose by 79 points, or 0.25%. Traders also looked ahead to a key inflation report due Tuesday.

Live updates of what's moving markets, including the Dow, S&P 500 and Nasdaq Composite.

How much impact has turmoil in the U.S. banking system had on the cryptocurrency market? regulators decided to protect depositors.\n\nMarkus Thielen, head of research and strategy at crypto platform Matrixport, said crypto volumes rose because of “a flight to quality.”

Today's market news looks at regional banks, including First Republic, stabilizing after Monday's selloff as investors digest the latest CPI inflation data.

Its PAC has also sent thousands to mainly Democrats.](https://www.foxbusiness.com/politics/silicon-valley-bank-collapse-heres-who-benefitted-executive-pac-donations) [banking shares ](https://www.foxbusiness.com/category/banking)as investor fears eased over the stability of some of the nation’s regional banks following the collapse of Silicon Valley Bank. [consumer level via the CPI](https://www.foxbusiness.com/economy) remain persistently high year-over-year but eased slightly from the prior month. My hope is to make these org changes as soon as possible in the year so we can get past this period of uncertainty and focus on the critical work ahead. I’ve tried to be open about all the work that’s underway, and while I know many of you are energized by this, I also recognize that the idea of upcoming org changes creates uncertainty and stress. Investors digest CPI data, the first of two inflation reports, bank stocks rebound after the Silicon Valley Bank driven selloff, United Airlines and Delta give mixed forecasts.

(Reuters) - U.S. stock index futures rose on Tuesday after a volatile session amid fears of fallout from the collapse of Silicon Valley Bank, ...

SVB Financial's sudden shutdown and fears of risks to other banks hammered the sector and broader markets in the past few days. A Reuters poll of economists showed that the U.S. The February consumer prices report, due at 8:30 a.m. "The CPI figures out later will be watched super-closely as another hot reading will reinforce expectations that a rate rise, albeit smaller, will be on the cards next week." ET (1330 GMT) from the Labor Department, will feed into the U.S. On a yearly basis, CPI grew 6.0% in February, moderating from a 6.4% in rise the previous month.

U.S. stock futures edged higher Tuesday morning, as crucial inflation data comes in-line with expectations, with regional bank stocks rallying, clawing back ...

U.S. futures are surging higher on Tuesday morning, after indices witnessed a volatile trading day on March 13, owing to the U.S. banking carnage.

Asia-Pacific markets ended the trading session in the red today, led by steep losses in the U.S. In the meantime, traders are rushing to safer investment options, namely U.S. The Nasdaq 100 (NDX), the S&P 500 ( [SPX](https://www.tipranks.com/index/spx)), and the Dow Jones Industrial Average ( [DJIA](https://www.tipranks.com/index/dow-jones)) are up 1.4%, 1.3%, and 0.8%, respectively, as of 9:32 a.m. As per Dow Jones’ estimates, the CPI is expected to rise 0.4% over January, while the annual headline inflation number is pegged at 6%, below January’s reading of 6.4%. Whether or not the Federal Reserve will reverse its hawkish interest rate stance depends mostly on February’s consumer price index (CPI) reading, set to be released at 8:30 a.m. [CPI data came in as expected](https://www.tipranks.com/news/cpi-report-in-line-with-expectations).

Here's why futures and options on shares and stock indices cause an uptick in trading four times a year.

Stock index futures, stock index options, stock options and single stock futures have expiry dates (usually at the end of the month or the quarter), which match up on the third Friday of March, June, September and December. When only stock options, stock index futures and stock index options contracts expire on the same day, the last hour of quarter-end trading is called the “triple witching hour”. Index options are similar but consider the price shift of an entire stock index (e.g. You pay a premium of 5 euros for the right to buy the shares in a certain time frame at 22 euros each. "Witching" is where the contracts simultaneously expire, causing trading to soar in the last hour. [Shares](https://www.santander.com/en/stories/share-buyback) and [bonds](https://www.santander.com/en/stories/what-are-green-bonds) might be what first spring to mind when we think about the [stock market](https://www.santander.com/en/stories/what-is-stock-market-fluctuation); but stock index futures, stock index options, stock options and single stock futures are some listed securities that also pique investors’ interest — so much that markets have special “witching hours” to trade them on the third Friday of March, June, September and December.

Stocks climbed after consumer price data showed that inflation cooled in line with expectations in February, and bank stocks started to rebound. The Dow Jones ...

The inflation gauge rose 0.4% in February from the prior month, which was also in line with expectations and a decline from the 0.5% increase in January.\n\nCore CPI, which takes out volatile food and energy prices, climbed 5.5% from the prior year, which is what economists were expecting and a slight decline from the prior month's 5.6% increase. Stocks closed higher following a rally in bank stocks and new consumer price data that showed inflation is cooling.\n\nThe Dow Jones Industrial Average closed up 335 points, or 1.1%. The S&P 500 gained 1.7%, and the Nasdaq Composite jumped 2.1%.\n\nThe Dow had rallied more than 400 points earlier in the trading session after consumer price data showed that inflation cooled in line with expectations in February, and bank stocks started to rebound.\n\nStocks gave up their highs after news that a Russian jet struck the propeller of a U.S. Core CPI gained 0.5% in February from the previous month, which was slightly hotter than estimates of a 0.4% gain and higher than the prior month's 0.4% increase.\n\n“As markets digested the CPI report, there was relief felt in the market's reaction in that the slightly elevated readings in headline inflation and core inflation were within consensus estimates, placing less pressure on the Fed,” Quincy Krosby, chief global strategist for LPL Financial, wrote.\n\nThe Federal Reserve has been raising interest rates to bring down historically high inflation. The rate hikes have started to impact the banking industry, as seen by the failure of Silicon Valley Bank and Signature Bank.\n\nBank stocks were rallying after dropping sharply on Monday, with the hard-hit First Republic Bank (ticker: FRC) up around 28%, Western Alliance Bancorp (WAL) up 14%, and Comerica (CMA) up 3.6%. drone over the Black Sea.\n\nConsumer prices gained 6% year over year in February, matching economists’ expectations, according to FactSet, and marking a decline from January’s 6.4% gain.

US stocks rallied Tuesday as traders digested the latest inflation data, with the Dow Jones Industrial Average on track to snap a five-day slump.

[Brent crude](https://markets.businessinsider.com/commodities/oil-price?utm_source=markets&utm_medium=ingest%3Futm_source%3Dmarkets&utm_medium=ingest%3Futm_source%3Dmarkets&utm_medium=ingest%3Futm_source%3Dmarkets&utm_medium=ingest%3Futm_source%3Dmarkets&utm_medium=ingest%3Futm_source%3Dmarkets&utm_medium=ingest&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets), oil's international benchmark, dropped 2.2% to $79.00. [Three of crypto's most important banks have been closed.](https://markets.businessinsider.com/news/currencies/crypto-market-outlook-banking-crisis-expert-forecasts-svb-signature-silvergate-2023-3?utm_medium=ingest&utm_source=markets)Industry experts weighed in on what's next for the trillion-dollar market. [Gold](https://markets.businessinsider.com/commodities/gold-price?utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets)dipped 0.3% $1,911 per ounce. [First Republic and Western Alliance stock are under review](https://markets.businessinsider.com/news/stocks/svb-collapse-first-republic-western-alliance-moodys-downgrade-banking-crisis-2023-3?utm_medium=ingest&utm_source=markets)for a possible downgrade by Moody's. [Fed will launch an investigation](https://markets.businessinsider.com/news/stocks/federal-reserve-silicon-valley-bank-failure-investigate-jerome-powell-signature-2023-3?utm_medium=ingest&utm_source=markets)into its own oversight of SVB. [West Texas Intermediate crude](https://markets.businessinsider.com/commodities/oil-price?type=wti&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets)oil fell 2.7% to $72.76 per barrel. Both were in line with estimates and signaled continued cooling in inflation as the Federal Reserve weighs its next step on interest rates. Shares of First Republic, PacWest, and Western Alliance were up double-digit percentage points. [S&P 500](https://markets.businessinsider.com/index/s&p_500?utm_source=markets&utm_medium=ingest%3Futm_source%3Dmarkets&utm_medium=ingest&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets): 3,911.03, up 1.43% [Dow Jones Industrial Average](https://markets.businessinsider.com/index/dow_jones?utm_source=markets&utm_medium=ingest%3Futm_source%3Dmarkets&utm_medium=ingest&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets): 32,136.72, up 1.00% (317.58 points) [Nasdaq Composite](https://markets.businessinsider.com/index/nasdaq_composite?utm_source=markets&utm_medium=ingest%3Futm_source%3Dmarkets&utm_medium=ingest&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets): 11,366.08, up 1.58% [Citadel boss Ken Griffin](https://markets.businessinsider.com/news/stocks/citadel-ken-griffin-svb-rescue-capitalism-breaking-down-moral-hazard-2023-3?utm_medium=ingest&utm_source=markets)told the Financial Times that the government's decision to rescue SVB depositors shows US capitalism "breaking down before our eyes." [Goldman Sachs predicted the central bank](https://markets.businessinsider.com/news/stocks/svb-failure-goldman-sachs-fed-interest-rate-hike-march-powell-2023-3?utm_medium=ingest&utm_source=markets) will pause interest rate hikes at next week's FOMC meeting, citing "considerable uncertainty." US stocks rallied Tuesday as traders digested the latest inflation data, with the Dow Jones Industrial Average on track to snap a five-day slump.