US stock market Banking groups in particular plummeted on Monday. After investors worry regarding contagion from the collapse of Silicon Valley Bank, but trade commodity stocks. And some sectors that see it may benefit from hopes that the Federal Reserve will ease interest rate hikes. dragging the overall market not to fall too much
The US dollar also fell. The price of gold and silver soared on the purchase of safe-haven assets.
The Dow Jones Industrial Average (.DJI) was down 90.50 points, or 0.28%, to 31,819.14, (.SPX) was down 5.83 points, or 0.15%, to 3,855.76, and the Dow Jones Industrial Average (.IXIC) was up 49.96 points, or 0.45%, to 11,188.84.
