The MarketReader Minute
🏦 Visa, Mastercard, JPMorgan Slide on AI Disruption Fears | Financials Sector Insight
Financial stocks tumble after President Trump announced an increase in global tariffs to 15%, raising concerns. XLF dropped more than 3%, with JPMorgan, Mastercard, and Visa leading losses, as weak factory orders and a broader Dow decline amplified risk-off sentiment.