Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trumps sweeping tariffs plan sparked fears of weaker capital markets and a slowdown in consumer spending.
Introduction
Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trumps sweeping tariffs plan sparked fears of weaker capital markets and a slowdown in consumer spending.
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Read more: US bank stocks sink as Trumps tariffs cloud dealmaking, loan demand