Market Snapshot: U.S. stock futures steady after First Republic Bank becomes fourth U.S. lender to fail this year

by | May 1, 2023 | Stock Market

U.S. stock futures were steady on Monday after the fourth U.S. bank failure of the year, which was announced along with a simultaneous takeover by JPMorgan Chase.What’s happening On Friday, the Dow Jones Industrial Average DJIA rose 272 points, or 0.8%, to 34098, the S&P 500 SPX increased 34 points, or 0.83%, to 4169, and the Nasdaq Composite COMP gained 84 points, or 0.69%, to 12227.What’s driving markets The…

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