Bitcoin, U.S. Stock Futures Erase Early Gains as First Republic Bank Tanks 50% in Pre-Market Trading

Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Risk assets erased early gains during the European hours as shares in San Francisco-based First Republic bank nosedived in pre-market trading, reflecting continued investor angst over the banking sector's health.

Futures tied to the S&P 500 fell from 3,971 to 3,887, reversing over a 1.5% gain. European stocks fell over 2%, with banking shares leading the way lower.

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