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(CNBC) -- The Dow Jones Industrial Average lost more than 200 points as investors’ worries around First Republic overshadowed their excitement around Big Tech earnings.
The blue-chip index declined 228.96 points, or 0.68%, to end at 33,301.87 after trading up more than 100 points earlier in the session. The S&P 500 slid 0.38%, closing at 4,055.99. The technology-heavy Nasdaq Composite added 0.47% to finish at 11,854.35, trimming gains after jumping as much as 1.43% in the trading day.
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First Republic Bank slid nearly 30%, extending losses after falling almost 50% on Tuesday. The regional bank said late Monday that its deposits dropped 40% to $104.5 billion in the first quarter.
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