3/27/2023, 10:05 AM (Source: TeleTrader)
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US mostly up premarket on Silicon Valley Bank agreement

Major United States stock exchanges traded mostly higher during the premarket on Monday following the announcement that the $72 billion worth of Silicon Valley Bank's assets will be bought by the First Citizens Bank & Trust Co. This seemingly boosted optimism among traders, who are showing hopes that the financial sector mayhem can finally be left behind.

The Dow Jones increased 0.16% at 4:05 am ET. At the same time, the Nasdaq 100 was flat and the S&P 500 gained 0.17%.

The euro was flat against the dollar concurrently, selling for 1.07611.

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