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US stock Dow Jones rose 460 points, bank shares surged

By epicnews desk
US stock Dow Jones rose 460 points, bank shares surged

big ThreeindexPan Qiang this morning,Dow JonesThe Industrial Index was up 460 points at 11:35 a.m. ET. After the collapse of Silicon Valley Bank (SVB) dragged down regional banks in the United States, banking stocks staged a Jedi rebound today. Expectations of a small rate hike.

The Dow Jones Industrial Average was up 461.71 points, or 1.45%, as of 11:35 a.m. ET; S&P 500 index 78.59 points; Nasdaq index 274.98 points; Philadelphia Semiconductor rose 101.1 points.

JD rebounded on bank stocks, and the S&P Regional Bank ETF (KRE) rose more than 9% ahead of the market. First Republic Bank of the United States (First Republic Bank, formerly translated as First Republic Bank) soared 48.54% in early trade, partially recovering the previous day’s 62% decline. KeyCorp Bank of Ohio rose 18 percent in early trading on the 14th day after falling 27 percent the previous day.

We.Labour DepartmentIt was announced to the market on the 14th that the Consumer Price Index (CPI) increased by 0.4% month-on-month and 6% year-on-year in February, both in line with market expectations. Indicates that inflation is coming down moderately.

finance (tags to translate) indices

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