Markets Shudder as Bank Fears Go Global
Markets were upended
on Wednesday as investors’ fears over the health of the banking industry resurfaced
and spread around the world, reversing
some of the rally
on Tuesday when the panic appeared to pause. On Wall Street, the S&P 500 was down 0.6 percent at the close of trading, recovering
some ground after a sharper drop earlier in the day. European markets were hard hit, with stocks of many of the region’s biggest banks falling sharply, as anxiety
persisted about the fallout
from the collapse
of Silicon Valley Bank and Signature Bank, which were seized
by regulators
after suffering devastating
runs on deposits
.
关联:Regional Banks Slammed by Fear of a Broader Financial Crisis
tips
shudder:战栗,发抖
upend:颠倒
resurface:再次面对,重新露面(re 再一次)
rally:集会;重整旗鼓
anxiety:焦虑
fallout:后果
collapse:崩溃
seize:抓捕,查封
regulator:监管部门
devastate:毁坏(de- 强调,vast 广阔的,-ate 表被动,整个摧毁)
deposit:存款