us markets closed mixed on monday as us regional bank stocks responded positively to the announcement that first citizens bank had bought large chunks of failed lender silicon valley bank svb shares of first citizens ended the day up more than 50 percent after us regulators announced that it purchased about 72 billion of svbs assets at a discount the dow jones industrial average closed up 06 percent at 3243208 the broadbased sp 500 gained 02 percent to 397756 while the techrich nasdaq composite index fell 047 percent to 1176884 investors appear to be getting over the banking turmoil that weve been living with over the last couple of weeks cresset capitals chief investment officer jack ablin told afp regional lenders were buffeted by the collapse of svb as nervous investors dumped shares of smaller banks over concerns over their resilience in the face of depositor withdrawals the federal deposit insurance corporation which shuttered svb and is now overseeing the sale of its assets said the deal with first citizens covers all of svbs deposits and loans but not its securities and other assets the announcement calmed underfire regional lenders including first republic bank and keycorp which both closed higher monday reversing some recent losses