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Stocks rally after earlier market worries, but First Republic continues skid

Por: The Hill Politics March 20, 2023

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Stocks rose Monday following extensive efforts to shore up the global banking system.  As of Monday afternoon, the Dow Jones Industrial Average rose 1.2 percent, the S&P 500 rose 0.9 percent and the Nasdaq 100 rose 0.4 percent. failing bank Credit Suisse on Sunday in a deal orchestrated by Swiss regulators. Shortly after, the Federal Reserve in an effort to bolster bank liquidity. However, First Republic Bank’s stock plummeted more than 47... + full article



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