Monday's market moves were lukewarm: The Dow Jones Industrial Average inched up 0.17%, the Nasdaq Composite slipped 0.17% and the S&P 500 was little changed. But that's because the mood was one of anxiety, rather than calm.. PacWest Bancorp rose 3.65%, Western Alliance Bancorp eked out a 0.6% gain and Zions Bancorp added 2.1%. Those are reassuring, if not astounding, numbers.
, published Monday, confirmed that one of respondents' biggest economic fears is "banking-sector stress." Additionally, the report identified money market funds, stable coins and hedge funds as having higher potential for running into trouble.
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Source: CNBC - 🏆 12. / 72 Read more »