Shares of banks and other financial institutions rose, but not by as much as the broad market, amid ongoing concerns about Treasury yields.
The two-year Treasury yield closed at the highest level of the year due to expectations that the Federal Reserve's next move would be a rate hike.
Kevin Warsh was sworn in as the new chair of the central bank.
Standard Chartered Chief Executive Bill Winters struggled to draw a line under comments that the bank would replace "lower-value human capital" with AI.
Until as recently as December, an Iranian network, run by Babak Zanjani, a self-described "antisanction" operator, made $850 million in transactions over two years on the world's largest cryptocurrency exchange, Binance.
