{"id":1905880,"date":"2023-03-28T08:56:47","date_gmt":"2023-03-28T12:56:47","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/stocks-rise-after-bank-sale-fuels-investor-risk-appetite\/"},"modified":"2023-03-28T08:57:04","modified_gmt":"2023-03-28T12:57:04","slug":"stocks-rise-after-bank-sale-fuels-investor-risk-appetite","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/stocks-rise-after-bank-sale-fuels-investor-risk-appetite\/","title":{"rendered":"Stocks rise after bank sale fuels investor risk appetite"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/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%2Fstocks-rise-after-bank-sale-fuels-investor-risk-appetite%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=1905880&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--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<p>By Amanda Cooper<\/p>\n<p>LONDON (Reuters) -Global stocks rose and the dollar eased on Tuesday, after a deal backed by the U.S. regulator for First Citizens BancShares to buy up Silicon Valley Bank soothed some of the recent concern about the health of the banking sector.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<\/p>\n<p>U.S. banking regulators said on Monday they planned to tell Congress that the overall financial system remains on a solid footing after recent bank failures, but will comprehensively review their policies in a bid to prevent future collapses.<\/p>\n<p>With a little more stability returning to the banking sector, investors felt confident enough to ditch some of their recent safe-haven purchases, meaning the price of bonds and gold edged lower, as did the dollar.<\/p>\n<p>The MSCI All-World index, which is showing a loss of 0.1% so far in March, was up 0.2%. European shares were flat on the day. <\/p>\n<p>U.S. stock futures, the S&#038;P 500 e-minis, were flat, suggesting the benchmark index might not build on Monday\u2019s gains at the opening bell later.    <\/p>\n<p>The concern hasn\u2019t evaporated. Federal Reserve Governor Philip Jefferson said on Monday that stress among small banks could hit small businesses hardest.<\/p>\n<p>Not only that, the extreme market volatility has forced a lot of investors to close positions, and prompted others to capitalise on some of those big price moves by betting those swings will die down, known as mean reversion trading.<\/p>\n<p>This means that a lot of the confidence that appears to have returned to the markets might not be built on much other than technical factors, according to Marc Ostwald, chief global economist for ADM Investor Services.<\/p>\n<p>\u201cIt may not be until after month-end, possibly even after the Easter break, until it comes clear how much of the rebound in battered bank stocks and risk assets has been to do with those quarter-end flows, short covering and mean reversion trades, rather than a genuine sense that the worst has past for the banking sector,\u201d he said.<\/p>\n<p>The stress both in, and about, the banking sector has clouded the picture for monetary policy. Even with inflation gradually subsiding, it\u2019s harder for investors to see how central banks might balance the need to anchor price stability with the need to keep markets running smoothly.<\/p>\n<p>Tighter credit conditions to help temper inflation will provide a headwind to the economy, but won\u2019t derail it, analysts at Goldman Sachs said.<\/p>\n<p>\u201cWe do not expect this to be a hurricane that pushes the economy into recession and forces aggressive Fed easing,\u201d they said in a note on Tuesday.<\/p>\n<p>U.S. Treasury yields edged up, reflecting a degree of relief that the problems in the banking sector can be contained.<\/p>\n<p>Benchmark 10-year yields rose 2 basis points to 3.552%, while two-year yields rose 6 bps to 4.019%, still some way off the almost 16-year high of 5.084% on March 8.    <\/p>\n<p>Oil prices extended some of the previous day\u2019s gains. Brent crude rose 0.5% to $78.53 a barrel, while U.S. futures rose 0.6% to $73.21.<\/p>\n<p>Crude prices rose more than $3 on Monday after a halt to some exports from Iraq\u2019s Kurdistan region added to worries about oil supplies.<\/p>\n<p>Gold eased, as investors booked profits on last week\u2019s rally above $2,000 an ounce. Spot gold was last down 0.2% at $1,953 an ounce.<\/p>\n<p> (Editing by Sam Holmes and Giles Elgood)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/stocks-rise-after-bank\/attachment\/file-photo-a-floor-trader-walks-during-afternoon-trading-at\/\"><\/a><\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/stocks-rise-after-bank\/attachment\/german-share-price-index-dax-graph-is-pictured-at-the-5\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>One conservative Gen-Zer, who is trying to change California, believes there should be alternatives to an all-out ban. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Georgia Representative Marjorie Taylor Greene wants Manhattan D.A. Alvin Bragg charged for his political prosecutions. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>A reporter for Today Africa News was recently scolded by White House Press Secretary for calling out bias in the administration.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>House Republicans are calling the Biden administration to investigate big dollar connections between the collapsed Silicon Valley Bank and Chinese companies. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Hyunsu Yim SEOUL (Reuters) -South Korean social media giant Kakao\u2019s stake in K-pop agency SM Entertainment has reached 40%, the target\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>BEIJING (Reuters) -China\u2019s cyberspace regulator vowed on Tuesday to clamp down on malicious online comments that damage the reputation of businesses and\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Nick Carey LONDON (Reuters) \u2013 Oxbotica and Alphabet Inc\u2019s Google Cloud said on Tuesday they are partnering up to speed up\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Makiko Yamazaki, Mariko Katsumura and Ritsuko Shimizu TOKYO (Reuters) \u2013 The Japanese construction company targeted for takeover by the family office\u2026 <\/p>\n<\/p><\/div>\n<p><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Amanda Cooper LONDON (Reuters) -Global stocks rose and the dollar eased on Tuesday, after a deal backed by the U.S. regulator for First Citizens BancShares to buy up Silicon Valley Bank soothed some of the recent concern about the health of the banking sector. U.S. banking regulators said on Monday they planned to tell<\/p>\n","protected":false},"author":66,"featured_media":1905881,"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":[542],"tags":[17029,5373,12013,7856,5319,7514,4340,10467],"class_list":["post-1905880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-appetite","tag-bank","tag-fuels","tag-investor","tag-rise","tag-risk","tag-sale","tag-stocks"],"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\/1905880","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\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1905880"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1905880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1905881"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1905880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1905880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1905880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}