- The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis.
- The 30-stock index dipped 167 points, or 0.5%. The S&P 500 slid 0.1%, while the Nasdaq Composite was up 0.4%.
- First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits as a sign of confidence in the banking system. That dip weighed on the SPDR Regional Banking ETF (KRE), which was down 3.7%.
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