Sell-off in UnitedStates bank stocks due to issues over solvency of Silicon Valley Bank

Sell-off in UnitedStates bank stocks due to issues over solvency of Silicon Valley Bank

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The Australian info The products sector fell on a retreat in oil, iron ore and lithium costs. BHP Group is down 3.4 per cent to $45.01 per share. Rio Tinto fell 3.3 per cent $117.28 per share. Lithium lossesLithium manufacturer Mineral Resources pulledaway 6.2 per cent to $83.50 per share. Pilbara Minerals likewise toppled 7 per cent to $3.98 per share. The falls come as lithium costs extended their losses in 2023 as area costs in China fell to ¥346,500 ($US49,757) at a 1year low. Shares of brief seller targets Piedmont Lithium and Atlantic Lithiu
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