U.S. shares began off the week with a bitter sentiment after federal banking regulators took aggressive actions to stem the fallout of Silicon Valley Financial institution’s failure.
The S&P 500 (^GSPC) declined 1.1% Monday morning, whereas the Dow Jones Industrial Common (^DJI) dipped 0.3%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) dropped 1%.
Bond yields plunged. The yield on the benchmark 10-year U.S. Treasury observe dipped to three.48% Monday morning, whereas on the entrance finish of the yield curve,…
