By Sinéad Carew and Amruta Khandekar
(Reuters) – Wall Street stocks closed lower on Friday as investors fretted over the health of U.S. banks after regulators had to close a high-profile lender to the technology sector, overshadowing the… February US jobs report. California bank regulators said they closed SVB Financial Group to protect deposits in the biggest bank failure since the 2008 financial crisis. A capital crisis at SVB had already put pressure on bank stocks around the world. According to preliminary data, the S&P 500 lost 1.45% to 3,861.78 points. The Nasdaq technology index fell 1.76% to 11,139.16 points. The Dow Jones fell 1.06% to 31,912.66 points.
((Translation from Brasília))
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Source:
Reuters