Stocks at session lows: Dow -205, S&P 500 -30, Nasdaq -100:

• bank stocks are very weak after SVB announced plans to shore up its balance sheet and Silvergate announced plans to liquidate.
• The KRE regional bank ETF is down 7%.

Market Check

Goldman Sachs Terminates Coverage on SVB Financial Group (SIVB) March 10, 2023 1:37 PM Stifel Lays Out Biotech Names Exposure to SVB Financial Group (SIVB) March 10, 2023 1:12 PM SVB Financial Group (SIVB) falls another 42% in pre-open tradingMarch 10, 2023 6:09 AM SVB Financial (SIVB) PT Lowered to $177 at JPMorgan, 'What to Do with SIVB Shares Post the Sell-Off and Industry Read-Through'March 10, 2023 5:36 AM Silicon Valley Bank (SIVB) CEO Tells VC Clients to 'Stay Calm' - The InformationMarch 9, 2023 3:04 PM