us stockindex futures were higher on monday as traders welcomed waning signs of banking sector stress the dow on friday ended a backtoback run of weekly declines while the sp 500 and nasdaq composite both saw weekly advances stockindex futures were firmer as investors welcomed signs that recent anxiety surrounding the banking sector may be waning europes stoxx 600 banks index was up 2 as deutsche bank  source of fridays worries rebounded 5 news that first citizensfcnca has agreed to buy the deposits and loans of failed silicon valley bank also is helping underpin sentiment shares of first republic bankfrc surged 24 in premarket trading and led a swath of regional lenders higher with silicon valley banks deposits and loans now housed in longer term accommodation in the us a calm of sorts has descended on the banking sectorshunting parts of the failed bank off to a new owner may give the regulator more capacity to deal with problems still threatening to pop up elsewhere particularly with us regional banks said susannah streeter head of money and markets at hargreaves lansdown mohamed elerian adviser to allianz and gramercy welcomed the calmer mood but noted that underlying uncertainty may linger unless signs of stress in the market for insuring ban debt known as creditdefault swaps dissipated further us equities have been particularly choppy in recent weeks as traders have expressed anxiety about banking sector stress while welcoming the lower bond yields those concerns have delivered this has left the sp 500 stuck near the middle of the 38004200 range it has held for four months and leaves the wall street barometer stuck on either side of its 200day moving average notes jonathan krinsky chief technical strategist at btig there are no notable us economic updates set for release on monday but there will be some federal reserve commentary when gov philip jefferson is due to deliver comments at 5 pm eastern this content was created by marketwatch which is operated by dow jones  co marketwatch is published independently from dow jones newswires and the wall street journal