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BUZZ-Major US banks down as weak consumer data drags market

ReutersFeb 25, 2025 4:26 PM

Shares of major U.S. banks fell tracking overall weakness in the market

S&P 500 index .SPX hit a three-week low after fresh economic data indicated a deterioration in consumer sentiment and investors braced for the potential impact of tighter U.S. trade curbs on Beijing

JPMorgan Chase JPM.N, Goldman Sachs Group GS.N, Morgan Stanley MS.N, Bank of America BAC.N and Citigroup C.N down between 1.1% and ~1.7%

S&P 500 .SPXBK banks index fell 1.5%

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