S&P 500 goes negative YTD; almost entire regional bank stocks halted due to volatility

quick take

• Bitcoin is up 35% year-to-date and the S&P has entered negative 0.19% territory.
• Both Nasdaq and TLT are up over 7% YTD.
• Bank stocks are in turmoil as some bank stocks are suspended due to volatility.
• Western Alliance posted a record 76% drop and stalled due to volatility.
• The KBW index fell 4% to its lowest level since November 2020.
• First Republic Bank posted a record 67% drop in its opening price.
• Charles Schwab (SCHW) stalled due to volatility, dropping 41% to an all-time low.

Post S&P 500 goes negative YTD. Nearly all of the local bank stocks stalled due to volatility first appeared on CryptoSlate.