Stock Market Today

Last updated: 10:00AM EST Stocks erased early losses and moved to positive territory to start the week as the fallout of the SVB collapse left markets ...

[GB:HSBA](https://www.tipranks.com/stocks/gb:hsba)) decided to buy out SVB’s U.K. Hong Kong’s Hang Seng, China’s Shanghai Composite, and Shenzhen Component indices ended the day in the green, up 1.95%, 1.20%, and 0.62%, respectively. At the same time, Britain’s HSBC Holdings ( banks’ financial health and the possibility of a bigger systemic risk. On the other hand, the Nasdaq 100 ( [NDX](https://www.tipranks.com/index/nasdaq-100)) jumped 0.79%. Moreover, the Federal Reserve also announced the launch of a new Bank Term Funding Program (BTFP) that will give loans of up to one year to banks and other financial institutions under its realm, thus boosting depositor safety. EST, the Dow Jones Industrial Average ( The CPI will be an important inflationary metric for the Fed as it decides its future course of monetary policy. futures were highly volatile Monday morning, following the joint statement from the Treasury Department, the Federal Reserve, and the FDIC. Stocks continue to rally halfway through today’s trading session after starting the day in the red. This has caused bond yields to fall drastically over the past week as investors flee to the safety of bonds. As of 2:30 p.m.

U.S. stocks rose after federal banking regulators took aggressive actions to stem the fallout of Silicon Valley Bank's failure.

Traders work on the floor of the New York Stock Exchange during morning trading on March 13, 2023, in New York City. Timothy A. Clary—AFP/Getty Images.

[Dow](https://fortune.com/company/dow/) Jones industrial average whipsawed to start the day, before falling 0.2%. “The Fed needs to do a significant emergency rate cut to improve the profitability of banks and improve their economic capital positions. “The market is sending a consistent message today: It fears that a U.S. [First Republic Bank](https://fortune.com/company/first-republic-bank/) saw its stock tank another 62% on Monday after last week’s 33% drop, while shares of PacWest Bancorp and Western Alliance [Bancorp](https://fortune.com/company/bancorp/) sank 21% and 47%, respectively. And some experts believe the Fed will be forced to abandon its rate hiking campaign altogether. Investors struggled to assess the fallout from the second- and third-largest bank failures in U.S.

The major benchmarks swung higher Monday as investors sought out safety in government bonds.

By Karee Venema • Published Here are five steps you can take today to help reshape your money beliefs. With over a decade of experience writing about the stock market, Karee Venema is an investing editor and options expert at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. [next CPI report](https://www.kiplinger.com/investing/when-is-the-next-cpi-report) will be released ahead of tomorrow's open, while PPI and retail sales are due out Wednesday morning. The probability for a 50 basis point hike, meanwhile, has plunged to zero from 40.2% on Friday. "Regardless of this week’s economic data, however, it's likely that the Fed has landed between a rock and a hard place as it must balance financial stability with its efforts to curtail inflation." The major indexes, meanwhile, managed to stabilize after a rough start. (A basis point = 0.01%.) Prices for gold futures (+2.6% to $1,916.50 an ounce) and First Republic Bank ( banking regulators from the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve and the Treasury Department quickly came together over the weekend to develop a plan to limit risk to the banking sector following the failure of Silicon Valley Bank and Signature Bank. Officials, who cited systemic risk as the catalyst for the closures, took emergency measures to prevent contagion, but bank stocks were still among Wall Street's biggest decliners today.

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.

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.

US authorities raced over the weekend to put together a package of emergency measures that would snuff out fears about the health of the banking system.

U.S. stocks finished Monday mixed as volatile trading gripped Wall Street after federal banking regulators took aggressive actions to stem the fallout of ...

"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.

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 ...

Live updates of what's moving markets, including the Dow, S&P 500 and Nasdaq Composite.

How much impact has turmoil in the U.S. banking system had on the cryptocurrency market? regulators decided to protect depositors.\n\nMarkus Thielen, head of research and strategy at crypto platform Matrixport, said crypto volumes rose because of “a flight to quality.”

U.S. stock futures edged higher Tuesday morning, as crucial inflation data comes in-line with expectations, with regional bank stocks rallying, clawing back ...

U.S. futures are surging higher on Tuesday morning, after indices witnessed a volatile trading day on March 13, owing to the U.S. banking carnage.

Asia-Pacific markets ended the trading session in the red today, led by steep losses in the U.S. In the meantime, traders are rushing to safer investment options, namely U.S. The Nasdaq 100 (NDX), the S&P 500 ( [SPX](https://www.tipranks.com/index/spx)), and the Dow Jones Industrial Average ( [DJIA](https://www.tipranks.com/index/dow-jones)) are up 1.4%, 1.3%, and 0.8%, respectively, as of 9:32 a.m. As per Dow Jones’ estimates, the CPI is expected to rise 0.4% over January, while the annual headline inflation number is pegged at 6%, below January’s reading of 6.4%. Whether or not the Federal Reserve will reverse its hawkish interest rate stance depends mostly on February’s consumer price index (CPI) reading, set to be released at 8:30 a.m. [CPI data came in as expected](https://www.tipranks.com/news/cpi-report-in-line-with-expectations).

Stocks climbed after consumer price data showed that inflation cooled in line with expectations in February, and bank stocks started to rebound. The Dow Jones ...

The inflation gauge rose 0.4% in February from the prior month, which was also in line with expectations and a decline from the 0.5% increase in January.\n\nCore CPI, which takes out volatile food and energy prices, climbed 5.5% from the prior year, which is what economists were expecting and a slight decline from the prior month's 5.6% increase. Stocks closed higher following a rally in bank stocks and new consumer price data that showed inflation is cooling.\n\nThe Dow Jones Industrial Average closed up 335 points, or 1.1%. The S&P 500 gained 1.7%, and the Nasdaq Composite jumped 2.1%.\n\nThe Dow had rallied more than 400 points earlier in the trading session after consumer price data showed that inflation cooled in line with expectations in February, and bank stocks started to rebound.\n\nStocks gave up their highs after news that a Russian jet struck the propeller of a U.S. Core CPI gained 0.5% in February from the previous month, which was slightly hotter than estimates of a 0.4% gain and higher than the prior month's 0.4% increase.\n\n“As markets digested the CPI report, there was relief felt in the market's reaction in that the slightly elevated readings in headline inflation and core inflation were within consensus estimates, placing less pressure on the Fed,” Quincy Krosby, chief global strategist for LPL Financial, wrote.\n\nThe Federal Reserve has been raising interest rates to bring down historically high inflation. The rate hikes have started to impact the banking industry, as seen by the failure of Silicon Valley Bank and Signature Bank.\n\nBank stocks were rallying after dropping sharply on Monday, with the hard-hit First Republic Bank (ticker: FRC) up around 28%, Western Alliance Bancorp (WAL) up 14%, and Comerica (CMA) up 3.6%. drone over the Black Sea.\n\nConsumer prices gained 6% year over year in February, matching economists’ expectations, according to FactSet, and marking a decline from January’s 6.4% gain.