US bank stocks recorded their worst sell-off since Donald Trump’s tariffs shook markets in April as concerns intensify around lenders’ exposure to a downturn in private credit sparked by AI disruption fears.
The KBW bank index, which includes the largest US banks such as JPMorgan, Citi and Bank of America, fell 4.9 per cent, its biggest daily drop since the president’s “liberation day” tariff announcements 10 months ago sent Wall Street markets reeling.
Goldman Sachs slid 7.5 per cent, Wells Fargo and Morgan Stanley each lost about 6 per cent. Jefferies sank 9.3 per cent.
您已阅读14%（576字），剩余86%（3623字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。