-+ 0.00%
-+ 0.00%
-+ 0.00%

Goldman Sachs and Morgan Stanley led the decline in major bank stocks on Wednesday because market concerns about artificial intelligence continued after SK Hynix's weak performance, and there was uncertainty about the Federal Reserve's interest rate decision to be announced later in the day. After US President Donald Trump said that the US would hit Iran hard, the general market also fell. In terms of individual stocks, Goldman Sachs once fell 4.2%; Morgan Stanley fell 3.3%, Citigroup fell 3.2%, and J.P. Morgan fell 2.4%. Analysts said that the fall in stock prices “may reflect the uncertainty before the announcement of the Federal Reserve's decision; in addition, bank stocks have performed well recently, so there was a certain degree of correction today.”

Zhitongcaijing·07/29/2026 15:17:08
Listen to the news
Goldman Sachs and Morgan Stanley led the decline in major bank stocks on Wednesday because market concerns about artificial intelligence continued after SK Hynix's weak performance, and there was uncertainty about the Federal Reserve's interest rate decision to be announced later in the day. After US President Donald Trump said that the US would hit Iran hard, the general market also fell. In terms of individual stocks, Goldman Sachs once fell 4.2%; Morgan Stanley fell 3.3%, Citigroup fell 3.2%, and J.P. Morgan fell 2.4%. Analysts said that the fall in stock prices “may reflect the uncertainty before the announcement of the Federal Reserve's decision; in addition, bank stocks have performed well recently, so there was a certain degree of correction today.”