Market Extra: SVB reminder to stock-market investors: ‘Things tend to break’ when Fed gets aggressive
Investors weigh whether the high-profile collapse of Silicon Valley Bank could signal the start of a crisis. So far, the situation appears contained.
The Ratings Game: Silicon Valley Bank becomes biggest bank since 2008 financial crisis to be taken over by FDIC
FDIC assumes control SVB Financial after $2.25 billion capital raise and sale of company fail to materialize and customers pull deposits.
: Baker Hughes data show a 4th straight weekly decline in active U.S. oil-drilling rigs
Baker Hughes BKRon Friday reported that the number of active U.S. rigs drilling for oil fell by two to 590 this week. That followed declines...
: Gold futures up 1.8% for the session, gain for the week
Gold futures climbed on Friday and posted a gain for the week. Prices for the metal got a boost as the U.S. dollar and Treasury...
: Renaissance IPO ETF tumbles 3.6% to put its weekly losses close to 10% as Silicon Valley Bank collapse weighs
The Renaissance IPO ETF IPO tumbled 3.6% Friday, caught up in the fallout from the collapse of Silicon Valley Bank, a key lender to companies...
: Juul, Chicago settle underage-marketing claims for $23.8 million
Juul Labs Inc. and Chicago agreed to settle for $23.8 million, the Chicago Mayor’s Office said Friday. The settlement ends Chicago’s charge that Juul was...
: VIX, the stock market’s fear gauge, jumps as U.S. equities drop amid SVB worries
The CBOE Volatility Index, known as Wall Street’s fear gauge, has jumped as U.S. stocks sell off amid investor anxiety over Silicon Valley Bank and...
: Oil futures gain for the session, pare their loss for the week
Oil prices climbed on Friday, paring their loss for the week to less than 4%. The crude-oil market is caught between “unforgiving inflation and a...
: Vice Media gets $400 million offer from Group Black: report
Vice Media, which has been trying to sell itself, reportedly has received an offer from Group Black, according to The Wall Street Journal Friday. The...