UBS reversed premarket declines to jump 2.9%. Big U.S. banks such as JPMorgan Chase & Co, Citigroup and Morgan Stanley rose between 1.1% and 1.9%. Regional bank First Republic Bank slid nearly 41% following a downgrade by S&P Global and a report of more fundraising that fanned worries about the bank's liquidity despite a $30-billion rescue last week. Trading in shares of the bank was halted several times due to volatility. PacWest Bancorp jumped 11.5% after the bank said deposit outflows had stabilized, while New York Community Bancorp gained 32.1% after the bank's unit agreed to buy deposits and loans from Signature Bank. "There (is) more good news than bad news on the banking front," said Art Hogan, chief market strategist at B Riley Wealth.