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That didn't take long....

Dow futures jump 250 points as regulators announce backstop of SVB depositors: Live updates

CNBC ^ | March 12, 2023 | Tanya Macheel
Posted on 3/12/2023, 9:54:05 PM by DoodleBob

Stock futures jumped Sunday evening after regulators announced a plan to backstop all the depositors in failed Silicon Valley Bank and make additional funding available for other banks.

S&P 500 futures gained 1.1% and Nasdaq 100 futures rose 1.2%. Futures tied to the Dow Jones Industrial Average were up by 265 points.

https://freerepublic.com/focus/f-news/4137712/posts

2,018 posted on 03/12/2023 9:07:23 PM PDT by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12 )

2,019 posted on 03/12/2023 9:27:33 PM PDT by norsky ( <P> <a href= > </a> <P><img src=" "width=500"></img>)

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