Wall Street is holding relatively steady Monday coming off its worst week in nearly two months, as stocks of several beaten-down banks rally.
The S&P 500 was virtually unchanged in early trading. The Dow Jones Industrial Average was edging down by 16 points, or less than 0.1%, at 33,657, as of 9:45 a.m. Eastern time, while the Nasdaq composite was 0.2% lower.
Besides a strong reading on U.S. jobs, which calmed worries about a possible recession but raised concerns about high inflation, last week was dominated by fears about smaller and mid-sized banks.
