Turmoil at Silicon Valley Bank triggers market panic: Four biggest US banks lose staggering $52 BILLION in valuation and Dow drops 540 points.

jboldeniv

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Turmoil at Silicon Valley Bank triggers market panic: Four biggest US banks lose staggering $52 BILLION in valuation and Dow drops 540 points.

03-10-2023, 03:10 PM

Wow. $52 Billion? That's alot of money lost.

Turmoil at Silicon Valley Bank triggers market panic

https://www.dailymail.co.uk

The S&P 500 bank index tumbled more than 6% in its biggest one-day drop in over two years, after SVB Financial Group announced a massive equity raise to cover a $1.8 billion loss.
Tags: dow drops 540 points, four u.s. banks, lose $52 billion

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