S&P 500 goes negative YTD; chaos in bank stocks halted due to volatility

Quick Take

• Bitcoin extends its gain up 35% YTD, while S&P has gone into negative territory -0.19%.
• Both Nasdaq and TLT are up over 7% YTD.
• Chaos in bank stocks as some are halted for volatility.
• Western Aliance sank a record 76% and halted for volatility.
• KBW index falls 4% to its lowest since November 2020.
• First Republic Bank sinks by a record 67% at the open.
• Charles Schwab (SCHW) halted for volatility, dropping 41% to the lowest on record.

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