dChan
Anonymous ID: c7991c March 10, 2023, 6:23 a.m. No.18479279   🗄️.is 🔗kun

>>18479243

Hopi Water Serpents with the Pokanghoya Brothers riding on each head. One brother on the North Pole Serpent, and the other on top of the South Pole Serpent.

It's real.

Hopi Prophecy is REAL!

Anonymous ID: c7991c March 10, 2023, 6:30 a.m. No.18479323   🗄️.is 🔗kun   >>9368

Dow set to fall for a fourth day as Silicon Valley Bank woes hit banking shares

 

Stocks fell again on Friday as banking shares came under pressure in the wake of troubles at Silicon Valley Bank, a lender which catered to the tech sector which is facing big bond losses.

 

Futures tied to the Dow Jones Industrial Average dipped 110 points, or 0.3%. S&P 500 futures

shed 0.2%, while Nasdaq-100 futures

 

were flat.

 

SVB Financial tumbled again on Friday, down another 63% after initially plunging on plans to raise more than $2 billion in capital in a bid to offset losses from bond sales. The bank was in talks to sell itself after attempts to raise capital have failed, CNBC’s David Faber reported, citing sources. The bank’s shares were halted.

 

The move weighed on the financial sector and banking stocks, with the SPDR S&P Regional Banking ETF down more than 2%. Shares of First Republic and Signature Bank were last down about 15% and 13%, respectively.

 

Wall Street posted a losing session Thursday. A drop in SVB Financial shares spurred a broad financial sector selloff, as investors grew concerned that higher interest rates would result in banks facing losses on loans due to borrower defaults. The selloff pushed the S&P’s financial sector down 4.1% for its worst day since 2020.

 

The Dow cratered by 544 points Thursday for its third negative session in a row. The Dow is down 3.4% on the week, on pace for its worst week since September 2022. The S&P 500 is off 3.2% this week.

 

S&P 500 futures rose slightly initially after the latest jobs report gave some hints that inflation could be slowing, causing Treasury yields to tumble and relieve some pressure on stocks.

 

February payrolls increased by 311,000, more than expected. But investors focused on the smaller-than-expected gain in wages, which could cause the Federal Reserve to rethink getting more aggressive on rate hikes.

 

Average hourly earnings increased by 0.24% last month, the report showed, lighter than the 0.4% increase expected by economists polled by Dow Jones. Wages increased by 4.6% from a year ago, compared to the 4.8% estimate.

 

The unemployment rate also ticked higher to 3.6% from 3.4% previously, adding credence to the argument of a cooling labor market despite the better-than-expected monthly payrolls number.

 

The 10-year Treasury

 

yield dropped more than 14 basis points to 3.779% following the report. The spike in rates this year has weighed on stocks.

 

https://www.cnbc.com/2023/03/09/stock-market-today-live-updates.html

Anonymous ID: c7991c March 10, 2023, 7:20 a.m. No.18479526   🗄️.is 🔗kun   >>9528 >>9530

‘Too big to fail’ is back as Bill Ackman says government should consider a Silicon Valley Bank bailout

 

Are we looking at another "Too Big To Fail" bailout?

Anonymous ID: c7991c March 10, 2023, 7:22 a.m. No.18479530   🗄️.is 🔗kun   >>9539

>>18479526

The failure of @SVB_Financial

could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash. If private capital can’t provide a solution, a highly dilutive gov’t preferred bailout should be considered.

Anonymous ID: c7991c March 10, 2023, 7:30 a.m. No.18479560   🗄️.is 🔗kun

https://twitter.com/KristiNoem/status/1634190410284146689

 

SD GOVERNOR KRISTI NOEM VETOES HB 1193 THAT WOULD LEAVE BTC NO LONGER DEFINED AS A FORM OF "MONEY" AND LEAVES OPEN THE DOORWAY FOR CENTRALIZED DIGITAL CURRENCY