3 Banks Stocks Dinged by Tariff Tensions, Rate Concerns
Core Viewpoint - Shares of major banks including JPMorgan Chase, Citigroup, and Morgan Stanley are experiencing significant declines due to economic uncertainty and market weakness, exacerbated by tariff negotiations and recession fears [1]. Group 1: Stock Performance - JPMorgan Chase (JPM) is down 3.1% at 280.25 on February 19 [2]. - Citigroup (C) has fallen 4.2% to 84.74 [2]. - Morgan Stanley (MS) is down 4.6% to 142.03 on February 7 but losing ground in three of the last four weeks [3].