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SVB Financial Group shares plunge

Gleneagle Market Insights

Wall Street’s three major stock indexes closed lower on Thursday, with bank stocks creating the biggest drag while investors also worried that Friday’s jobs report could spur more aggressive interest rate hikes from the Federal Reserve. The S&P 500’s bank index finished down 6.6% after hitting its lowest level since mid-October. Investors fled the sector after tech-industry […]

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