Wall Street slides on fears of bank crisis contagion

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Wall Street slides on fears of bank crisis contagion
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Wall Street veered lower on Friday at the close of a tumultuous week, marked by the unfolding crisis in the banking sector and the gathering storm clouds of possible recession.

Traders work on the floor of the New York Stock Exchange in New York City, U.S., March 16, 2023.

Brendan McDermidSVB Financial seeks bankruptcy protectionNEW YORK, March 17 - Wall Street veered lower on Friday at the close of a tumultuous week, marked by theAll three indexes were sharply lower in afternoon trading, with financial stocksFor the week, while the benchmark S&P 500 is on track to end higher than last Friday's close, the Nasdaq and the Dow have set a course for declines.

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