Wall Street, banks rise after SVB sale to First-Citizens

Financial

NEW YORK (AP) — Socks are rising on Wall Street Monday as battered banks show more strength, at least for now.The S&P 500 was 0.6% higher as of 9:55 a.m. Eastern time. The Dow Jones Industrial Average rose 250 points, or 0.8%, to 32,490 and the Nasdaq composite rose 0.5%. Markets have been in turmoil…

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