Dow closes more than 300 points lower, posts worst week since June as Silicon Valley Bank collapse sparks selloff: Live updates

Russell 2000 suffers amid broad market sell-off, Allbirds among the names leading the way down

The numbers are even bleaker on the week, with the Russell on pace to lose more than 8%. The major averages are on track to lose more than 4%. The index has only posted three-day slides that large during the middle of major market declines in 1998, 2002, 2008, 2011 and 2020.typically saw a near-term rally with an average gain of 10.7% from the three days when the KBW Bank Stock Index tumbled.

🍿🍿

lol isn't this the same network that hosts Jim Cramer who only last month told everyone to buy stock in SVB? Oh yeah the same guy who called Sam Bankman Fried a genius in FTX. 🤣🤣🤣

lol isn't this the same network that hosts Bill Cramer who only last month told everyone to buy stick in SVB?

Biden’s America sucks

Just last month jimcramer said it was an easy buy!? Thanks 🙏🏾 bud.

Impeach Biden! Stolen elections have consequences

Trump was right. Again.

We did it Joe!

This shit never happened under TRUMP. WTF is Biden doing to our money and our economy

Silicon Valley gets what it voted for.

Hope the Biden voters are enjoying this Biden Trainwreck.

Trump tried to warn us.

Sure could go for some mean tweets right about now

We didn't have this problem when Trump was president.

Corrupt Democrat wankers!

CNN must be thrilled that they helped get the bafoon in office! 🙄

LiveSquawk 🤡🌎wankers

So many clowns clapping like seals

costareports Tumbled 1%. For Christ's sake.

Keep putting on the talking heads telling everyone to buy.

Yikes

Biden keeps taking victory laps! Thanks Joe!

Does this Santoli clown ever stop pumping the markets? Always bullish spin with no substance.

Awsome

I’ve talked to one of the founder’s in our portfolio this morning who has threatened $uic1d3. Very tough day. This is one of the days I could forever do without.

$VIX highest close since Dec 11

Yellen said everything is fine 😂😂😂

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank stocks plunge after implosions at Silicon Valley Bank and SilvergateBank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector
Source: BusinessInsider - 🏆 729. / 51 Read more »

Silicon Valley Bank drops another 45%, weighing on the bank sector againShares of SVB Financial Group, known as Silicon Valley Bank, tumbled for a second day Friday and weighed on the whole banking sector again. Hugh_Son Thanks Brandon Hugh_Son Just started Hugh_Son What’s an overvalued startup that doesn’t make money? Looking for the next sivb
Source: CNBC - 🏆 12. / 72 Read more »

Silicon Valley Bank drops another 60%, weighs on the bank sector againShares of SVB Financial Group, known as Silicon Valley Bank, tumbled for a second day Friday and weighed on the whole banking sector again. Uber has no cars Airbnb has no homes SIVB has no money Welcome to the new economy $CS Credit Suisse shares hit new all-time low as banks hit by U.S. fallout Customers who try to withdraw & cause a bank run need to be criminally charged for causing this bank to fail, but people will blame it on the CEO who sold tens of millions in stock options two weeks ago instead.
Source: CNBC - 🏆 12. / 72 Read more »