Bank and Brokerage Stocks Plunge. BofA, Morgan Stanley Among Hardest Hit.
The KBW Nasdaq Bank Index fell 7.7% Thursday morning as investors weighed the economic ramifications of President Donald Trump’s far reaching tariffs.
Trump Tariffs Put the Market in Risk-Off Mode. These Sectors Are Holding Up.
Not every stock in the S&P 500 was falling on Thursday. With the index down 3.3%, roughly 121 of its members’ stocks were on the rise. Top performers included Lamb Weston Holdings, First Solar, SBA ...