The market is reacting to Silicon Valley Bank s failure on Monday morning, with major indices in the red and shares of several smaller banks collapsing.
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
An encouraging inflation report for December, coupled with news of labor market resiliency, is raising hopes that the economy might avoid a recession as it emerges from inflation.