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Snippet of Article: "Bank stocks continue to weigh on the market after SVB Financial Group's (SIVB) collapse. ...Bank stocks continue to weigh on the market after SVB Financial Group's (SIVB) collapse. The bank sector got a boost this weekend after U.S. regulators announced plans to ensure depositors have access to their SVB funds today, however, the bounce appears to have been short-lived.
Futures on the Dow Jones Industrial Average (DJIA) are down 203 points ahead of the open, while S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) futures sit more modestly in the red. ..."
Source: www.schaeffersresearch.com
