US stock exchanges close stably despite the crisis – bank shares lose significantly in value

Frankfort, New York The fear of a banking crisis continues to keep the global capital markets in its grip. The protection measures introduced by the US government on Sunday for customers of the collapsed California Silicon Valley Bank (SVB) are not enough to reassure investors.

The biggest collapse of a bank since the 2008 financial crisis caused massive price losses at other smaller financial institutions on Wall Street on Monday.

The major indices, on the other hand, were initially quite stable. The Dow Jones index of standard values ​​and the broader S&P 500 were even slightly up in the course of trading and ended only slightly in the red at 31,819 and 3855 points. The Dow Jones was down for the fifth day in a row. The index of the tech stock exchange Nasdaq was almost half a percent higher at 11,188 points.