Stock market news today: Stocks, bank stocks rise after SVB sale

Stock market news today: Stocks, bank stocks rise after SVB sale

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U.S. stocks rose Monday, while bank stocks also moved upward after North Carolina-based First Citizens (FCNCA) bank agreed to buy most of Silicon Valley Bank. The S&P 500 (^GSPC) added 0.6% and the Dow Jones Industrial Average (^DJI) gained 0.9%. The Nasdaq Composite (^IXIC) edged up by 0.3%. Bond…

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