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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM: Monday, 13 March 2023
Description: US equity markets as regulators closed SVB Financial Group ‘s Silicon Valley Bank (SVB) and the Federal Deposit Insurance Corp took control on Friday (10 March), marking the largest demise of a U.S. bank since the 2008 financial crisis. The news somewhat overshadowed the latest monthly jobs report - Dow fell -345-points or -1.07%, its fourth straight day of declines to record its longest losing streak since December. Boeing Co (up +0.91%) was one of the few stocks to advance after U.S. aviation regulators cleared the aerospace and defence company to resume deliveries of its 787 Dreamliner jets. “The FAA may resu...