* SVB collapse was “textbook case of mismanagement”: Fed official
* Banking turmoil due to ‘sentiment contagion’, say analysts
* US and Japan announce trade deal on electric vehicle battery minerals
* Bond market is still flashing warning signs for the economy
* Semiconductor firms may have to choose between US and China
* Wind-power industry projects rapid growth this year after 2022 slowdown
* China ramps up emergency loans to financially struggling nations
* Modest growth resumes in Texas manufacturing: Dallas Fed Mfg Index
* Regional bank stocks rally, suggesting banking turmoil is easing:

Big tech has become a safe-haven trade in the wake of recent bank turmoil, says analyst. “While it sounds like [a] Twilight Zone comment to many investors, tech stocks have become the new safety trade with Big Tech leading the way,” says Dan Ives, a managing director and senior equity research analyst at Wedbush Securities.