2min chapter

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Bloomberg Wall Street Week April 21st, 2023

Wall Street Week

CHAPTER

The Long-Term Effects of the Silicon Valley Bank Failure

The failure of Silicon Valley Bank sent shivers through the entire banking industry. David Bianco: I think it's quite possible the S&P revisits 3600, 3700 before it moves to something well above 4,200. Charmine Rachmani: You have somebody supporting David Costen right at 4,000. The good news is the basic industry is to report a good earnings across the board.

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