Futures pare gains as bank stocks drag on SVB contagion fears

Futures pare gains as bank stocks drag on SVB contagion fears

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U.S. stock index futures pared early gains on Monday as Silicon Valley Bank's (SVB) collapse hit the banking sector on contagion fears, while bets that the Federal Reserve could pause interest rate hikes in March rose. The sudden shutdown of SVB Financial on Friday following a failed capital raise…

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