Bank of America stock sinks nearly 4% after Wall Street rout — tariffs and inflation back in focus
Bank of America shares fell 3.7% to $51.07 Monday as financial stocks led a broad Wall Street selloff, with about 50.5 million shares traded. The drop followed renewed tariff uncertainty and persistent inflation signals, which kept rate-cut bets in flux. Wells Fargo and Morgan Stanley also posted steep declines. Investors await Tuesday’s consumer confidence data and new tariff guidance.
