came in stronger than expected despite the recent banking turmoil. The reading was 104.2 versus expectations of 101 for March.
Fed Vice Chair for Supervision Michael Barr is appearing in the Senate to testify in the first of several hearings about the collapse of Silicon Valley Bank and Signature Bank.
Its important to watch yield movements closely when investing in tech stocks. Diversification is key for managing risk.
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Stock market news today: US stocks trade mixed as bank fears easeUS stocks trade mixed as bank fears ebb with sale of SVB assets to First Citizens
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