Wall Street ended higher on Monday while participants weighed the likelihood of a pause in Federal Reserve rate hikes this week
The collapse of Silicon Valley Bank and Signature Bank
shook markets earlier this month, leading to a rout in banking stocks and worries that central bank monetary tightening would create a recession. While some bank shares were still lower on Monday, the weakness appeared to be contained, said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina.- Wall Street's fear gauge - fell.Regional bank First Republic Bank
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