
US bank stocks sink as Trumps tariffs cloud dealmaking, loan demand
Source: Live Mint April 3 – Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump’s sweeping tariffs plan sparked fears of weaker capital markets and a slowdown in consumer spending. Citigroup fell 11%, while Bank of America, Morgan Stanley, Goldman Sachs and Wells Fargo slipped 9% each. JPMorgan Chase, the…