U.S. markets stabilized early Friday after concerns about the health of regional banks and other financial institutions threatened to extend into a second day.

Futures for the S&P 500 fell 0.1% before the bell, while futures for the Dow Jones Industrial Average gained 0.1%. Both had been down more than 1% hours before markets opened. Nasdaq futures declined 0.2%.

Shares of regional banks fell sharply Thursday after acknowledging trouble with borrowers, adding to the anxiety that bad loans and fraud in the private lending market may have been underappreciated.

After double-digit losses Thursday, those banks clawed back a portion of their losses Friday. Zions Bancorp. gained 3% in premarket after tumbling 13.1% a day earlier.

Zions said Thursday that its profit for the third quarter will

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