NEW YORK — Bank stocks tumbled on worries about what’s next to break, following the second- and third-largest bank failures in U.S. history. But many other stocks rose Monday on hopes the bloodletting will force the Federal Reserve to take it easier on the hikes to interest rates that are shaking Wall Street and the economy.
The S&P 500 fell 0.2% after clawing back most of an early drop of 1.4%. The Dow Jones Industrial Average fell 0.3% and the Nasdaq rose 0.4%. Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | Omny Studio This is an update. AP’s earlier story follows below: Business Bank stocks tumble; others rise on hopes for easier rates These 5 charts show the ups and downs of the US stock market over 10 years These 5 charts show the ups and downs of the US stock market over 10 years How stocks have performed over the last decade Tracking volatility Rates of return since 2000 S&P stocks by sector Number of publicly traded companies declines Tags Be the first to know Get local news delivered to your...