Stock Market Today: Credit Suisse shares jump over 30% after SNB loan

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Credit Suisse shares jump over 30% after a $54 billion SNB loan eases jitters, US stock futures stabilize

US-listed shares in the financial giant were 6.9% higher at $2.31 at last check.

The drop in Credit Suisse's share price came at a turbulent time for the global banking sector, after Silicon Valley Bank, Signature Bank, and Silvergate Capital all folded in recent days.

 

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