Credit Suisse went the way of Bear Stearns in 2008. But this crisis is different

On a Sunday in March 2008, the US government and bankers raced to finalize a rescue of Bear Stearns, pushed to the brink of collapse by what amounted to a run on the bank.

News: What you need to know about the markets     Credit Suisse went the way of Bear Stearns in 2008. But this crisis is different On a Sunday in March 2008, the US government and bankers raced to finalize a rescue of Bear Stearns, pushed to the brink of collapse by what amounted to a run on the bank. Read more »   JPMorgan is advising First Republic on another potential lifeline, sources say JPMorgan Chase's investment bank has been hired to advise First Republic as the embattled regional bank tries to ease concerns about its financial condition, people familiar with the matter told CNN. Read more »   Janet Yellen: Further rescues of depositors could be needed if smaller lenders suffer bank runs The federal government could once again come to the rescue of uninsured bank depositors if smaller lenders suffer bank runs like the one that collapsed Silicon Valley Bank, according to prepared remarks from US Treasury Secretary Janet Yellen. Read more »   Five questions for the Federal Reserve as the banking crisis drags on The Federal Reserve has a lot of balls in the air: Central bank officials are attempting to juggle their economic goals of maximum employment and price stability while maintaining financial safety and security in the midst of a banking meltdown. Read more »   Latest on the banking crisis and global markets Read more »   Asia Pacific stocks rise as investor worries about global banking turmoil ease Stocks in the Asia Pacific region rose Tuesday as concerns about the global banking sector eased in response to a whirlwind of intervention by policymakers and industry players. Read more »

Dow Nasdaq S&P +316.02   +184.57   +51.30 32,560.60   11,860.11   4,002.87 +0.98%   +1.58%   +1.30% YTD -1.77%   YTD +13.32%   YTD +4.25%

Biggest Winners First Republic Bank +29.47%   KeyCorp +9.34%   Comerica Inc +9.11%   Truist Financial Corp +9.03% Biggest Losers Atmos Energy Corp -4.07%   Consolidated Edison Inc -3.84%   Digital Realty Trust Inc -3.77%   CMS Energy Corp -3.13%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $69.47 +1.65 / +2.43% Gold $1,943.60 -39.20 / -1.98% 10-yr 3.61% +0.13 Euro $1.08 +0.00 / +0.46%

More Markets Now   Watch the live digital show, now every Wednesday 12 p.m. to 12:15 p.m. ET.

Hi, let us know what you think of this newsletter!   Tell us what you want to read more of... and less of. Email your tips and feedback to MarketsNow@cnn.com

Sign up for Reliable Sources newsletter   Sign up for Before the Bell newsletter

Tips, thoughts or questions are always welcome at MarketsNow@cnn.com   Want to change how you receive these emails? You can unsubscribe from this list   ® © 2023 Cable News Network Inc. A WarnerMedia Company. All Rights Reserved. You are receiving this message because you subscribed to CNN Business's "Markets Now" newsletter. Our Mailing address is: Cable News Network, Inc. 1 CNN Center Atlanta, GA 30303