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Market Snapshot: U.S. stocks up sharply as First Republic gets rescue from banks

U.S. stocks rise sharply Thursday as an agreement by a group of big banks to deposit $30 billion with troubled lender First Republic Bank helped soothe fears of a rolling banking crisis. Read More...

U.S. stocks rose sharply Thursday as an agreement by a group of big banks to deposit $30 billion with troubled lender First Republic Bank helped soothe fears of a rolling banking crisis.

What’s happening

Stocks have seen volatile trade this week amid signs of stress in the banking system, but all three major indexes are on track for weekly gains.

What’s driving markets

Worries…

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