HomeBusinessIndustrialsStock Market Today: Banks Lower & FDX, NVDA Higher
Stock Market Today: Banks Lower & FDX, NVDA Higher

Dow Jones today finished lower along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. SVB Financial filed for Chapter 11 bankruptcy protection. Regional banks continued to see fallout, with First Republic sinking to almost 33% to close the session. Also, Credit Suisse sold off on the news that the financial company will borrow up to $54B from Swiss National Bank. On the other hand, FedEx gained around 8% following their earnings report. Finally, Nvidia was up slightly after a Morgan Stanley upgrade.

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