U.S. stocks end lower Monday, giving up early gains, after it was announced JPMorgan Chase & Co. would purchase much of failed First Republic Bank. Read More...
U.S. stocks closed lower on Monday, giving up modest early gains, after it was announced that JPMorgan Chase & Co. would purchase much of failed First Republic Bank.
Some analysts left open the possibility of further turmoil in the regional banking sector, as investors turned their focus to this week’s Federal Reserve policy meeting.
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