Reported 14 days ago
On October 16, 2025, major US stock indexes dipped, with the S&P 500 down 0.6%, the Dow Jones falling 0.7%, and the Nasdaq losing 0.5%. The decline was led by banking stocks amidst concerns over loan defaults, particularly after Zions Bancorp announced $50 million in charge-offs. Investors are left questioning if these issues are isolated or indicative of broader problems in the banking sector. Meanwhile, the 10-year Treasury yield fell below 4%, and gold prices increased by 2.5%.
Source: YAHOO