Bank Stocks Plunge on Tariff Fears
This is a U.S. news story, published by Yahoo Finance, that relates primarily to Junko Fujita news.
U.S. news
For more U.S. news, you can click here:
more U.S. newsJunko Fujita news
For more Junko Fujita news, you can click here:
more Junko Fujita newsstocks trading & speculation news
For more stocks trading & speculation news, you can click here:
more stocks trading & speculation newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about
highest tariff walls. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest JPMorgan Chase news, Goldman Sachs news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
banking stocksReuters
•Business
Business & Economics
Global rout in bank shares intensifies as recession fears mount
79% Informative
The S&P 500 banks index, which tracks U.S. lenders, fell more than 7% , extending declines after plunging on Thursday .
The selloff accelerated after China 's finance ministry said it would impose additional tariffs of 34% on all US goods from April 10 .
Japanese bank stocks logged their biggest weekly loss in at least 40 years as investors sought safety in government bonds.
(Reporting by Junko Fujita and Anton Bridge in Tokyo , Ankur Banerjee in Singapore and Niket Nishant in Bengaluru and Nupur Anand in New York ; Additional reporting by Noor Zainab Hussain and Tom Westbrook ; Writing by Tommy Reggiori Wilkes ; Editing by Edmund Klamann , Hugh Lawson , Aidan Lewis , Elaine Hardcastle , Nick Zieminski and Lananh Nguyen ).
VR Score
91
Informative language
98
Neutral language
62
Article tone
formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links
Small business owner?