اقتصاد

US stock indices fell and a bank collapsed

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Al-Anbat -


Al-Anbat - Dema Hina

US stock indexes posted a further loss yesterday after losing more than 800 points, while the collapse and shut down of Silicon Valley Bank was announced.

Prior to today's closing, the Dow Jones Industrial Average fell more than 300 points to 31,920 points, while the (S&P500) index fell by 58 points to 3,859 points.

The Nasdaq, which focuses on heavy technology, fell more than 200 points to 11,124 points.

In addition, Silicon Valley Bank collapsed quickly after it announced a large loss in the possession of bonds, which led to a decline in its shares and triggered withdrawals, or customers withdrew their deposits, and due to the depletion of balances, the authorities decided to close it.
 
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