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U.S. stock futures were steady on Monday after the fourth U.S. bank failure of the year, which was announced along with a simultaneous takeover by JPMorgan Chase.
On Friday, the Dow Jones Industrial Average DJIA rose 272 points, or 0.8%, to 34098, the S&P 500 SPX increased 34 points, or 0.83%, to 4169, and the Nasdaq Composite COMP gained 84 points, or 0.69%, to 12227.
The…
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This article was written by Follow Harrison is a financial analyst who has been writing on Seeking Alpha since 2018 and has closely followed...
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