News Snapshot:
Equities Wall Street futures edged higher early Monday after First Citizens agreed to buy much of failed Silicon Valley Bank. Major European markets were positive. TSX futures were up modestly. In the early premarket period, futures linked to the Dow, S&P and Nasdaq were all above water. All three are coming off a winning week. Canada’s S&P/TSX Composite Index finished Friday’s session up 0.21 per cent and also saw gains for the week. Overnight, First Citizens said it would buy Silicon Valley Bank’s deposits and loans along with certain other assets from the U.S. Federal Deposit Insurance Corporation. The FDIC...
