SVB crisis reactions: Market strategists put interest rates in the spotlight

Stock market investors just got a harsh reminder of the risks posed by the banking industry.

US stocks are heading for their worst week of the year after a sell-off triggered by liquidity concerns in the banking sector as portfolio losses prompted rushed fundraising by SVB Financial Group, a major lender to new businesses. The tremors spread across the Atlantic with European banks fell the most since September and the region’s benchmark index fell sharply.

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