Markets Shudder as Bank Fears Go Global

Markets were upended on Wednesday as investors’ fears over the health of the banking industry resurfaced and spread around the world, reversing some of the rally on Tuesday when the panic appeared to pause. On Wall Street, the S&P 500 was down 0.6 percent at the close of trading, recovering some ground after a sharper drop earlier in the day. European markets were hard hit, with stocks of many of the region’s biggest banks falling sharply, as anxiety persisted about the fallout from the collapse of Silicon Valley Bank and Signature Bank, which were seized by regulators after suffering devastating runs on deposits.

关联：Regional Banks Slammed by Fear of a Broader Financial Crisis

tips

shudder：战栗，发抖

upend：颠倒

resurface：再次面对，重新露面（re 再一次）

rally：集会；重整旗鼓

anxiety：焦虑

fallout：后果

collapse：崩溃

seize：抓捕，查封

regulator：监管部门

devastate：毁坏（de- 强调，vast 广阔的，-ate 表被动，整个摧毁）

deposit：存款