Markets Tank As Banking Stocks Take A Hit & Jobless Claims Pileup

Markets Tank As Banking Stocks Take A Hit & Jobless Claims Pileup

U.S. markets sharply dive on Thursday as banking stocks tumble and negativity towards the job market increase. 

Four of the largest U.S. banks lost around $47 billion in value, taking the financial segment downhill. SVB Financial Group plunged more than 62% on Thursday.

S&P 500: (-1.85%)

Dow Jones IA: (-1.66%)

Nasdaq: (-2.05%)

by Ryan Griffin

 

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