Reuters
- US stocks managed to prove resilient and shake off a potential regional bank crisis, with stocks mixed.
- The implosion of Silicon Valley Bank and Signature Bank spurred hopes that the Fed will end its interest rate hikes.
- "We are looking at a historic 2-day drop in the 2-year yield, the largest since right after the 1987 crash," Carson Group's Ryan Detrick told Insider.
US stocks proved resilient on Monday, trading mixed despite the continued fallout from the collapse of Silicon Valley Bank and Signature Bank at the end of last week.