Major Wall Street indices closed mixed on Monday as fears surrounding the banking crisis ebbed to some extent following the takeover news regarding Silicon Valley Bank.
The Nasdaq Composite closed 0.47% lower, the S&P 500 ended Monday's session 0.16% higher while the Dow Jones gained 0.6%.
Meanwhile, following are the five stocks that are drawing investors' attention:
1. Tesla Inc (NASDAQ:TSLA): Shares of the company closed 0.74% higher on Monday. A trial has commenced in San Francisco federal court that will finalize how much money the EV-maker must shell out to a Black elevator operator who was reportedly subjected to severe racial harassment while working at the company's flagship assembly plant, reported Reuters.
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3. First Citizens BancShares Inc. (Delaware) Class A (NASDAQ:FCNCA): Shares of the company closed 53.74% higher after First-Citizens Bank & Trust Company entered into an agreement to purchase the deposits and loans of Silicon Valley Bank.
5. PVH Corp (NYSE:PVH): Shares of PVH gained 10.91% in extended trading on Monday. The company's fourth quarter revenue increased 2% to $2.489 billion compared to the prior year period. The company estimates its 2023 revenue to increase 3-4% as compared to 2022.
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