Dow

"Financial markets face a no-win situation, trapped between fears of regional bank runs and central banks worried about sticky inflation," said one analyst.

banking system is safe after regulators scrambled over the weekend to create a plan [to backstop deposits at Silicon Valley Bank and Signature Bank](https://www.cnbc.com/2023/03/12/regulators-unveil-plan-to-stem-damage-from-svb-collapse.html). "It might be a good idea for the Fed to pause," Hyman of Evercore ISI said in a note Sunday, citing the SVB failure along with slowing inflation data. [Brii Biosciences](https://www.cnbc.com/quotes/2137-HK) said less than 9% of total cash and bank balances were at SVB. [Harmony Gold](https://www.cnbc.com/quotes/) helped push the fund up with a 10.8% gain in the premarket, putting it on track for its best day since Nov. Pfizer [offered $229 in cash](https://www.reuters.com/markets/deals/pfizer-buy-seagen-deal-valued-43-billion-2023-03-13/)per share of Seagen, a 32.7% upside to Friday's closing price. Also, the management of the banks will be replaced and bank investors will not be protected, he said. [Dow](/quotes/.DJI/) was down 0.4% shortly after the market opened. Defensive stocks like [Procter & Gamble](/quotes/PG/), [Coca-Cola](/quotes/KO/) and [PepsiCo](/quotes/PEP/) also gained about 2% each. [Charles Schwab](/quotes/SCHW/) lost 8% and at [one point dropped as much as 23.3%.](https://www.cnbc.com/2023/03/13/charles-schwab-shares-head-for-worst-day-ever-as-fears-of-banking-crisis-deepen.html) Regional banks [fell even more](https://www.cnbc.com/2023/03/13/first-republic-drops-bank-stocks-decline.html), led by a 70% drop in [First Republic](/quotes/FRC/). The Silicon Valley Bank "debacle highlights failure and further crisis to come," Blain noted. [Bank bank stocks remained under pressure](#107207368-RgdsJMG6y) as investors remained skittish on the sector amid the fallout around Silicon Valley Bank and Signature Bank.

The Dow Jones reversed Monday, as the FDIC guaranteed all deposits of SVB Financial. First Republic crashed 65% on ongoing bank fears.

[AXP](https://research.investors.com/quote.aspx?symbol=AXP)) [PANW](https://research.investors.com/quote.aspx?symbol=PANW)) [CRM](https://research.investors.com/quote.aspx?symbol=CRM)) [Recent IBD Stock Of The Day](https://www.investors.com/research/ibd-stock-of-the-day/newr-stock-new-relic-boosts-data-analysis/), New Relic, is working on a flat base with a 80.98 buy point in the aftermath of the Feb. [4 Top Growth Stocks To Buy And Watch In The Stock Market Correction](https://www.investors.com/stock-lists/stocks-near-a-buy-zone/dow-jones-leader-salesforce-3-other-top-stocks-to-buy-and-watch/) [strong fourth-quarter results](https://www.investors.com/news/technology/crm-stock-salesforce-earnings-salesforce-stock-q42022/). [Five Dow Jones Stocks To Buy And Watch Now](https://www.investors.com/research/dow-jones-stocks/) [IBD Leaderboard](https://leaderboard.investors.com/#/leaders/leadersnearabuypoint) watchlist stock Palo Alto Networks continues to trade quietly in a handle after the stock's 12.5% surge on Feb. [cybersecurity giant announced good results](https://www.investors.com/news/technology/panw-stock-palo-alto-earnings-q42022/) for the January-ended quarter that saw earnings hit $1.05 a share, up 81% vs. New Relic was recently an [IBD Stock Of The Day](https://www.investors.com/research/ibd-stock-of-the-day/newr-stock-new-relic-boosts-data-analysis/). [guaranteed all deposits](https://www.wsj.com/articles/federal-reserve-rolls-out-emergency-measures-to-prevent-banking-crisis-ba4d7f98) of SVB Financial ( [SIVB](https://research.investors.com/quote.aspx?symbol=SIVB)). And after Friday's selloff we've cut our outlook further, to 'market in correction.' This requires investors to avoid any stock purchases and pivot to defensive trading, such as taking profits and [cutting losses short](https://www.investors.com/how-to-invest/investors-corner/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short/)." [TSLA](https://research.investors.com/quote.aspx?symbol=TSLA)) traded down more than 2% Monday morning after Wolfe Research downgraded the stock to peer perform from outperform. Regulators on Sunday also took control of Signature Bank ( [SBNY](https://research.investors.com/quote.aspx?symbol=SBNY)).

The Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) invests in the Dow Jones Average stocks and trades possible appreciation for higher current yield via ...

Nuveen Dow 30 Dynamic Overwrite fund is designed to offer regular distributions through a strategy that seeks attractive total return with less volatility than the Dow Jones Industrial Average (DJIA or “Dow30”) by investing in an equity portfolio that seeks to substantially replicate the price movements of the DJIA, as well as selling call options on 35%-75% of the notional value of the Fund’s equity portfolio (with a 55% long-term target) in an effort to enhance the Fund’s risk-adjusted returns. [JEPI](https://seekingalpha.com/symbol/JEPI)) should be considered. The Index Committee monitors whether the highest-priced stock in the index has a price more than 10 times that of the lowest. The Dow Jones Industrial Average® (The Dow®), is a price-weighted measure of 30 U.S. The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average (the “DJIA”). Companies should be incorporated and headquartered in the U.S., and a plurality of revenues should be derived from the U.S. The DJIA was first calculated in 1896, only the Dow Jones Transportation Average is older. Its unique feature is the price-weighted nature of the Index: Higher the price; larger the weight in the Index. Since 1896, I calculated the DJIA has had an average price gain of 5%; since 1987, the Annualized Total Return is about 11%. [DIAX](https://seekingalpha.com/symbol/DIAX)), which I review here. I will also review the SPDR Dow Jones Industrial Average ETF (NYSEARCA: [DIA](https://seekingalpha.com/symbol/DIA)) and then compare if investors benefited from DIAX’s income-enhancing strategy. The SPDR Dow Jones Industrial Average ETF Trust was launched by and is managed by State Street Global Advisors.

Stocks were trying to rebound in volatile trading Monday, as Wall Street continues to assess regulators' actions to contain the potential damage from the ...

“So far the system looks fine, but it needs to be treated with caution ahead, just in case.”\n\nFebruary consumer price data will be released on Tuesday, which will be the next major catalyst for the markets.\n\n“The odds of a 25-basis point hike have risen since investors came to grips with \\[Fed Chairman Jerome\\] Powell’s higher for longer Senate testimony and SVB’s collapse, but with more than just inflation on the plate this week it remains to be seen where expectations will be by week end,” Chris Larkin, managing director of trading at E-Trade, wrote Monday. Treasury separately said they would make more funds available to meet demands for bank withdrawals through a new funding program.\n\nPresident Biden also spoke on Monday to assure Americans that the banking system is “safe” and that SVB’s customers will be protected.\n\n“The best way to restore confidence in the system is to demonstrate that adequate funds are available – which is what the government has done,” wrote portfolio strategists at Natixis Investment Managers.\n\nThe key silver lining, though: Since there’s still some risk to sales – or even financial positions at some other banks – markets are assuming that the Federal Reserve could move less aggressively in lifting interest rates. The two-year Treasury yield, a barometer for expectations about the fed funds rate, is down to below 4.1% from above 5% last week.\n\nIndeed, analysts at Goldman Sachs suggested the central bank could pause its rate-hiking cycle entirely amid a more fragile economic situation.\n\nThe bad news: bank stocks are dropping, with the KBW Bank Index falling 10% Monday. Higher rates are meant to cool high inflation by reducing economic demand, so fewer rate hikes would put less pressure on the economy.\n\nTraders were cutting their bets on interest-rate increases in the U.S. and elsewhere in the fallout of SVB’s collapse, shifting expectations toward a quarter-point increase at the Fed’s March 22 meeting.\n\nTraders are currently pricing in a 58.3% chance of a 25-basis point rate hike, with 32.1% expecting no increase. The odds of a 50-basis point rate increase have dropped to zero, from 40.2% just a day ago.

The number of declining stocks are outpacing advancers 2,083 to 803 on the New York Stock Exchange (NYSE) and 2,563 to 1,358 on the Nasdaq Exchange. And volume ...

And volume in declining stocks is making up 70.8% of total volume on the Big Board and 57.4% of total volume on the Nasdaq. The number of declining stocks are outpacing advancers 2,083 to 803 on the New York Stock Exchange (NYSE) and 2,563 to 1,358 on the Nasdaq Exchange. The gains seen in the Big 3 stock market indexes aren’t telling the real story, as market breadth data suggests the stock market is actually suffering a broad selloff.

Amazon's e-commerce and cloud-hosting growth could make it an irresistible choice for inclusion in the blue-chip index. Vertex Pharmaceuticals would be a top ...

[healthcare stocks](https://www.fool.com/investing/stock-market/market-sectors/healthcare/) in the index. [GOOG](/quote/nasdaq/goog/) 0.71%) ( [GOOGL](/quote/nasdaq/googl/) 0.53%) is the only stock with a market cap of over $1 trillion that isn't in the Dow Jones Industrial Average. [NASDAQ: VRTX](/quote/nasdaq/vrtx/) Here are three stocks that I think will be in the Dow by 2030. I think, though, that Vertex will be much bigger by 2030. And my vote would go to Vertex Pharmaceuticals ( [VRTX](/quote/nasdaq/vrtx/) 2.17%). That could put pressure on S&P Global's Index Committee to add Amazon to the Dow Jones. Their main restrictions are that transportation and utility stocks can't be included in the Dow Jones Industrial Average. Sure, the Dow already includes a few cloud stocks. Dow stocks must also be based in the U.S. These two technological advances will be highly disruptive over the next decade and beyond. Only 30 stocks are included in what's arguably the most prestigious index around -- the Dow Jones Industrial Average.

Stocks whipsawed on Monday as traders assessed a plan to backstop all the depositors in failed Silicon Valley Bank and make additional funding available for ...

Tuesday's consumer price index report is the last major inflation data release ahead of the Fed's next meeting, ending March 22. The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. Prices for the 10-year Treasury rose sharply, lowering yields to 3.49% from Friday's 3.69%. The facility will offer loans of up to one year to banks, saving associations, credit unions and other institutions. All Silicon Valley Bank depositors will have access to their money starting Monday, according to a joint statement from the Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation. Stocks whipsawed on Monday as traders assessed a plan to backstop all the depositors in failed Silicon Valley Bank and make additional funding available for other banks.

U.S. stocks are seen opening higher Monday, as investors digested the moves over the weekend to protect the country's banking system in the wake of the ...

Investing.com – The Dow closed lower Monday, as investors weighed up a sharp drop in Treasury yields amid bets of a less aggressive Federal Reserve and ongoing ...

[Saved Items](/members-admin/saved-items) The odds of the Fed pausing hikes at its meeting next week jumped to 47%, according to Investing.com's “Fed funds futures are reducing pricing for the size of a potential hike at that meeting to be closer to 25bps,” Scotia Economics said in a note.

Trading in some regional lenders' shares is halted; government-bond yields fall.

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Bank stocks tumbled Monday; others rose on hopes for easier rates. The S&P 500 dipped 0.2% after whipsaw trading, where it careened between an early loss of ...

Regulators on Friday closed Silicon Valley Bank as investors withdrew billions of dollars from the bank in a matter of hours, marking the second-largest U.S. That in turn sent their yields lower, and the yield on the 10-year Treasury plunged to 3.54% from 3.70% late Friday. The Fed began hiking rates almost exactly a year ago, and its fastest flurry in decades has brought its key overnight rate to a range of 4.50% to 4.75%. They also announced Sunday that New York-based Signature Bank was being seized after it became the third-largest bank to fail in U.S. bank failure behind the 2008 failure of Washington Mutual. But many other stocks rose 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 broader market flipped from losses to gains as expectations built that all the furor will mean the Fed won’t reaccelerate its rate hikes, as it had been threatening to do. Shares of First Republic Bank fell 61.8%, even after the bank said Sunday it had strengthened its finances with cash from the Federal Reserve and JPMorgan Chase. Higher interest rates can drag down inflation by slowing the economy, but they raise the risk of a recession later on. That would still be a sharp turnaround from expectations just a week ago, when many traders were forecasting the Fed would hike its key overnight interest rate by 0.50 percentage points. The S&P 500 dipped 0.2% after whipsaw trading, where it careened between an early loss of 1.4% and a midday gain of nearly that much. NEW YORK (AP) — Bank stocks tumbled Monday on worries about what’s next to break, following the second- and third-largest bank failures in U.S.

By Vivien Lou Chen and William Watts. Regional bank stocks came under heavy pressure. U.S. stocks finished mostly lower on Monday, leaving Dow industrials ...

So, as rates rose over the past year and longer dated bonds dropped in value, it eroded their capital base and bonds they valued at par (100) were worth nothing close to it." MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. "These banks bought long dated bonds over the past several years and didn't manage their duration or interest-rate risk. The 2-year Treasury yield , which last week was trading at 15-year highs above 5%, fell 55.8 basis points to 4.03% on Monday. Short-duration government bond yields tumbled as investors made bets that financial instability will encourage the Federal Reserve to slow or pause rate hikes. That was the biggest one-day decline since Oct. Shares of First Republic Bank (FRC) ended down by 61.8%, while Western Alliance Bancorp (WAL) dropped 47.1%, PacWest Bancorp (PACW)shed 21.1%, and Zions Bancorp (ZION)tumbled 25.9%. (WFC) fell 7.1%, and JPMorgan Chase & Co. As the Federal Reserve began aggressively raising interest rates roughly a year ago, funding sources for tech startups dried up, putting pressure on deposits. At the same time, Fed rate hikes triggered a historic bond-market selloff, putting a big dent in the value of SVB's bondholdings, which it was forced to sell at a huge loss. The Dow saw a 4.4% weekly fall, while the Nasdaq Composite declined 4.7%. banks, said David Kelly, chief global strategist at JP Morgan Funds, in a note.

Dow Jones futures: The banking crisis escalated ahead of the CPI inflation report. Schwab stock plunged on growing liquidity fears.

[Recent IBD Stock Of The Day](https://www.investors.com/research/ibd-stock-of-the-day/newr-stock-new-relic-boosts-data-analysis/), New Relic, is working on a flat base with a 80.98 buy point in the aftermath of the Feb. [the SVB collapse](https://www.investors.com/news/silicon-valley-bank-liquidity-crisis-sends-shockwaves-through-financial-industry/). [IBD Leaderboard](https://leaderboard.investors.com/#/leaders/leadersnearabuypoint) watchlist stock Palo Alto Networks continues to trade quietly in a handle after the stock's 12.5% surge on Feb. [SCHW](https://research.investors.com/quote.aspx?symbol=SCHW)) [plunged on fears](https://www.investors.com/etfs-and-funds/sectors/stock-market-schwab-implodes-money-safe/) that the largest U.S. [3 Top Growth Stocks To Buy And Watch In The Current Stock Market Correction](https://www.investors.com/stock-lists/stocks-near-a-buy-zone/dow-jones-leader-nike-facebook-are-top-stocks-to-watch-in-new-stock-market-correction/) [cybersecurity giant announced good results](https://www.investors.com/news/technology/panw-stock-palo-alto-earnings-q42022/) for the January-ended quarter that saw earnings hit $1.05 a share, up 81% vs. And after Friday's sell-off we've cut our outlook further, to 'market in correction.' This requires investors to avoid any stock purchases and pivot to defensive trading, such as taking profits and [cutting losses short](https://www.investors.com/how-to-invest/investors-corner/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short/)." And Nike [was featured](https://www.investors.com/stock-lists/stocks-near-a-buy-zone/dow-jones-leader-nike-facebook-are-top-stocks-to-watch-in-new-stock-market-correction/) in this week's Stocks Near A Buy Zone column. [TSLA](https://research.investors.com/quote.aspx?symbol=TSLA)) traded up 0.6% Monday. [FRC](https://research.investors.com/quote.aspx?symbol=FRC)) crashed nearly 62%. [IBD's latest newsletter, MarketDiem, gives you actionable ideas for stocks, options and crypto right in your inbox.](https://get.investors.com/marketdiem/) KeyCorp ( [KEY](https://research.investors.com/quote.aspx?symbol=KEY)) dived 27.3%.

Dow Jones Industrial Average futures rose by 117 points, or 0.37%. S&P 500 and Nasdaq 100 futures climbed 0.32% and 0.22%, respectively. Bank stocks rebounded ...

[SPDR S&P Regional Banking ETF](/quotes/KRE/) rose 1.1% in extended trading. Dow Jones Industrial Average futures rose by 78 points, or 0.24%. Economists polled by Dow Jones are expecting a rise of 0.4% last month. "None of them have the risk of contagion — I mean, this is overblown, but I don't think from an operational standpoint, it has that risk." That's down from a 0.5% increase the prior month. Shares of [First Republic Bank](/quotes/FRC/) [popped 14% in extended trading](#107207927-DIXkQF1-F), after closing down nearly 62% on Monday. Investors are hotly anticipating the latest inflation data. The Dow lost 90.50 points, or 0.28%, while the broad-market index lost 0.15%. stock futures rose on Monday night after the Dow Jones Industrial Average notched a fifth day of losses. [SPDR S&P Regional Banking ETF](/quotes/KRE/) (KRE) rose more than 2% in extended trading. Dow Jones Industrial Average futures rose by 79 points, or 0.25%. Traders also looked ahead to a key inflation report due Tuesday.

The Dow Jones Industrial Average dropped on Monday as a Federal Reserve plan to backstop all the depositors in failed Silicon Valley Bank, along with other ...

The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. Tuesday's consumer price index report is the last major inflation data release ahead of the Fed's next meeting, ending March 22. The facility will offer loans of up to one year to banks, saving associations, credit unions and other institutions. The Fed also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. All Silicon Valley Bank depositors will have access to their money starting Monday, according to a joint statement from the Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation. A joint statement from the Fed, Treasury Department and the Federal Deposit Insurance Corporation said all Silicon Valley Bank depositors would have access to their money starting Monday.

By Oliver Gray. Investing.com - U.S. stock futures were trading slightly higher during Monday's evening trade after major benchmark averages finished in a ...

The Dow Jones fell but the Nasdaq 100 rallied on Monday as markets strongly priced in a Fed pivot in the fallout of SVB's collapse.

[Bitcoin](https://www.dailyfx.com/bitcoin) soared on Monday. The Dow Jones appears to be trading within the boundaries of a Descending Channel since the end of December. Meanwhile, anti-fiat [gold prices](https://www.dailyfx.com/gold-price) soared. Also, the Nasdaq was unable to clear the 50-day SMA, establishing it as key support. Historically speaking, the bottoming of the yield curve (in this case, the spread between 10-year and 2-year rates) has been associated with preceding recessions. This spread soared a massive 54% on Monday (although it remains inverted). But, keep in mind that in less than 24 hours, the next US inflation report crosses the wires. Shares from Western Alliance (-47%) and First Republic (-62%) were a couple of the standouts. The [US Dollar](https://www.dailyfx.com/us-dollar-index), the go-to haven, has been punished since Wednesday. [immediate implications of a potential Fed pivot](https://twitter.com/ddubrovskyFX/status/1635420828895698945). Global market volatility remained tense to start off the new trading week in the wake of last week’s failure of Silicon Valley Bank (SVB). This market reaction comes despite efforts from the US government to shore up confidence in the banking system.

By Yasin Ebrahim. Investing.com – The Dow closed lower Monday, as investors weighed up a sharp drop in Treasury yields amid bets of a less aggressive ...