Dow Jones and several other stock futures fell on Wednesday morning as pressure on financial institutions continues to increase following the collapse of Silicon Valley Bank and a dip in Credit Suisse shares.
Futures tied to Dow Jones Industrial Average fell 602 points, or 1.9%, while S&P 500 and Nasdaq-100 futures fell 1.9% and 1.6%, respectively — the latest sign of a growing financial crisis after Silicon Valley Bank collapsed last week following nearly a billion dollar negative cash balance.
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