Stock market news: Resilient stocks notch weekly gains amid bank fallout

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Stock market news: Resilient stocks notch weekly gains amid bank fallout
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US stocks fall but close mostly higher for the week despite ongoing bank fallout

as they took advantage of their emergency backstop policies in a bid to shore up liquidity. The Fed's balance sheet rose by nearly $300 billion over the past week, essentially giving up half the progress it has made in reducing its balance sheet over the past year.

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