|Day's Range||81.86 - 84.10|
|52 Week Range||75.75 - 127.63|
PacWest's deal is adding to momentum around a recovery in the regional banking sector.
Regional banks were under pressure again Thursday after PacWest reported nearly 10% of deposits flowed out the bank's doors last week as the crisis hitting smaller lenders continues.
The March jobs report will highlight the first week of the second quarter as investors look to build on gains from a stock market rally that kicked off 2023.
A bank crisis has pressured financial markets and made it hard for investors to know where to turn for signs of stability or worry. A few key readings on volatility, the bond market, and the currency market offer some guidance.
Stocks closed higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.