TechFlow News — U.S. stocks opened lower, with the Dow down about 280 points, the Nasdaq falling 0.85%, and the S&P 500 dropping over 1%. Bank shares plunged, as First Republic Bank (FRC.N) declined 67%, Western Alliance Bancorp (WAL.N) tumbled 75%, PacWest Bancorp (PACW.O) dropped 37%, and Credit Suisse (CS.N) fell more than 8%.
Notably, First Republic Bank (FRC.N) was halted from trading; its 67% drop at market open marked a record largest decline. Original link
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