Financial giants experience premarket losses while Lennar rises.

1 min read
Source: Seeking Alpha
Financial giants experience premarket losses while Lennar rises.
Photo: Seeking Alpha
TL;DR

UBS Group, Banco Santander, Prudential, Credit Suisse, and other major financial companies are among the premarket losers' pack, with Credit Suisse hitting a record low as its top investor rules out further support. The global Silicon Valley Bank fallout and more bad news for Credit Suisse are contributing factors to the overall market decline.

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