Stock market just flashed sign that Silicon Valley Bank crisis is over

The stock market just flashed an important signal that suggests the ongoing banking crisis that was sparked by the collapse of Silicon Valley Bank earlier this month is over.Tom Lee, who highlighted in a Wednesday note that the CBOE Volatility Index fell below the all-important 20 level for the first time since the banking crisis started.

If investors expect an imminent financial crisis but one doesn't materialize, the change in sentiment will help drive stocks higher as investors unwind bearish positions and get more bullish.. And while they have yet to be triggered, they have made progress in the past week. He is also monitoring regional bank deposit flows, with the idea that once they stabilize, it will suggest consumer fears of further bank runs are easing. immediate aftermath of the Silicon Valley Bank failure,

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STOCK MARKET NEWS: UBS, Macy’s names CEO, Lululemon shares soar, Silicon Valley Bank hearingsInvestors will hear more on Silicon Valley Bank’s collapse in the second day of hearings, this as UBS hires a new CEO to help stabilize the bank with Credit Swisse under fire. Macy’s also names new CEO and former Starbucks CEO Howard Schultz will testify on labor issues at the coffee giant. Lululemon shares jump after results. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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