{"id":1875450,"date":"2023-03-13T10:27:17","date_gmt":"2023-03-13T14:27:17","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/svb-collapse-dow-opens-down-more-than-300-points-amid-bank-failure-fallout\/"},"modified":"2023-03-13T10:31:31","modified_gmt":"2023-03-13T14:31:31","slug":"svb-collapse-dow-opens-down-more-than-300-points-amid-bank-failure-fallout","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/svb-collapse-dow-opens-down-more-than-300-points-amid-bank-failure-fallout\/","title":{"rendered":"SVB collapse: Dow opens down more than 300 points amid bank failure fallout"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsvb-collapse-dow-opens-down-more-than-300-points-amid-bank-failure-fallout%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1875450&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_78399405\" class=\"brid\" style=\"width:16;height:9\">                                                                                                         <\/div>\n<p>                var _bp=_bp||[]; _bp.push({ &#8220;div&#8221;: &#8220;Brid_78399405&#8221;, &#8220;obj&#8221;: {&#8220;id&#8221;:&#8221;27789&#8243;,&#8221;width&#8221;:&#8221;16&#8243;,&#8221;height&#8221;:&#8221;9&#8243;,&#8221;video&#8221;:&#8221;1259651&#8243;} });                              <\/p><\/div>\n<\/p><\/div>\n<p><span class=\"ArticlePage-articleBody-firstLetter\">T<\/span>he market is reacting to Silicon Valley Bank&#8217;s <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/silicon-valley-bank-fails\">failure<\/a> on Monday morning, with major indices in the red and shares of several smaller banks <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/svb-collapse-biden-reassures-americans-banking-system-safe\">collapsing<\/a>. <\/p>\n<p>The <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/dow-jones\">Dow Jones<\/a> Industrial Average opened down more than 300 points before recouping some of those losses in early trading. The tech-heavy Nasdaq fell by more than 1.2%, while the S&#038;P 500 declined by 1.35%. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/silicon-valley-bank-bill-ackman-warns-more-banks-fail\">SVB COLLAPSE: HEDGE FUND MANAGER BILL ACKMAN WARNS &#8216;MORE BANKS WILL LIKELY FALL&#8217;<\/a><\/b> <\/p>\n<p>The stock market will be closely watched on Monday to get a sense of how panicked investors are about SVB\u2019s Friday collapse, as well as Signature Bank\u2019s Sunday failure. The federal government announced over the weekend that all of the bank\u2019s depositors would be made whole, even those who banked in excess of the federally insured $250,000. <\/p>\n<p>The economic uncertainty was also captured by the Chicago Board Options Exchange Volatility Index, better known as the VIX but also as the \u201cfear index.\u201d The index was up more than 21% on Monday alone, an enormous jump that illustrates the anx<\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Read More From <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/svb-collapse-dow-stocks-down-bank-failure\">SVB collapse: Dow opens down more than 300 points amid bank failure fallout<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market is reacting to Silicon Valley Bank&#8217;s failure on Monday morning, with major indices in the red and shares of several smaller banks collapsing. The Dow Jones Industrial Average opened down more than 300 points before recouping some of those losses in early trading. The tech-heavy Nasdaq fell by more than 1.2%, while the<\/p>\n","protected":false},"author":1,"featured_media":1897046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[9683,5373,7385,7401,5071,14552,21356],"class_list":["post-1875450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-9683","tag-bank","tag-collapse","tag-dow","tag-failure","tag-fallout","tag-svb"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1875450"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1897046"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1875450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1875450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1875450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}