Wall Street Futures Gain as First Citizens Bank to Buy Silicon Valley Bank, Amid Ongoing Banking Crisis
Stock futures saw gains on Monday as Wall Street concluded a winning week, and investors kept a close eye on the latest updates from the banking industry. First Citizens Bank has agreed to purchase Silicon Valley Bank, as confirmed by the US Federal Deposit Insurance Corporation overnight. Dow Jones Industrial Average futures rose by 0.4%, adding 138 points, while S&P 500 futures increased by 0.5%, and Nasdaq-100 futures were up 0.4%. Despite volatility due to the Federal Reserve’s recent interest rate hike and the ongoing bank crisis... Читать дальше...