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3 Banks Stocks Dinged by Tariff Tensions, Rate Concerns
MSMorgan Stanley(MS) Schaeffers Investment Research·2025-03-10 14:38

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 234.85,markingayeartodatelossdespitea24.2234.85, marking a year-to-date loss despite a 24.2% year-over-year gain, having struggled since reaching a record high of 280.25 on February 19 [2]. - Citigroup (C) has fallen 4.2% to 67.52,enteringayeartodatedeficit,followingan11.967.52, entering a year-to-date deficit, following an 11.9% drop last week, the worst since September 2020, moving away from its February 18 peak of 84.74 [2]. - Morgan Stanley (MS) is down 4.6% to 113.84,withayeartodatelossof9.2113.84, with a year-to-date loss of 9.2%, having peaked at 142.03 on February 7 but losing ground in three of the last four weeks [3].