Stock market news today: Stocks shake off bank contagion fears

US stocks proved resilient on Monday, trading mixed despite the continued fallout from the collapse of Silicon Valley Bank and Signature Bank at the end of last week.

Helping stocks recover from an early morning sell-off, aside from emergency measures that helped prevent a regional banking crisis, was a plunge in bond yields and"We are looking at a historic 2 day drop in the 2-year yield, the largest since right after the 1987 crash.

We are still in a huge bubble! Wishful thinking and denial everywhere 😔

Why has the implosion of Silicon Valley Bank and Signature Bank fueled hope that the Fed will end its rate hikes? Higher interest rates are positive for the entire banking sector. Why should the majority be penalized for a very specific subset of 'tech' oriented banking services?

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Stock market strategy, outlook: Sell any stock bounces amid SVB falloutSell any rally in the stock market as fallout from Silicon Valley Bank's failure isn't over after government intervention, Morgan Stanley's chief stock strategist says
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U.S. stocks shake off earlier losses and turn higher despite bank contagion fears By Investing.com*U.S. STOCKS SHAKE OFF EARLIER LOSSES AND TURN HIGHER IN CHOPPY TRADE DESPITE BANK CONTAGION FEARS $DIA $SPY $QQQ 🇺🇸🇺🇸 15 months later and this market has learned no lessons about self control and greed Billionaires and millionaires being bailed out by working people, once again….
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European stocks lower; contagion fears hit banking sector hard By Investing.com⚠️BREAKING: *GLOBAL STOCKS ERASE GAINS, RESUME SELLOFF AS CONTAGION FEARS HIT BANKING SECTOR Don't joke about the economy with interest. Whether interest rates are low or high, the economy crashes and companies go bankrupt. unemployment is rising, poverty is rising. Do not rely on interest. Interest is the enemy of the economy The time of extreme fear is now.
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