Wall Street rises on relief over banks and inflation. A rebound in bank stocks provided a pause in the market panic over the health of the financial system.
U.S. Is Said to Open Investigation Into Silicon Valley Bank Collapse Legal experts said a possible focus of the investigation could be insider sales by several bank executives in the weeks before the bank’s failure.
Stocks Wobble as Smaller Banks Plunge on Fears of Contagion The volatile conditions led to trading in a dozen banks being halted after triggering so-called circuit breakers, established in part to prevent runaway crashes.