Bank stocks fell Sept. 22 — why loans could get tighter

Bank stocks fell Sept. 22 — why loans could get tighter

Bank stocks fell 2.7% on September 22, Reuters reported. Ameriprise fell 4.4% and Raymond James fell over 3%. Reuters reported wider finance stocks — a bigger basket of banks and money firms — fell 1.68%, worst of six falling chunks of the U.S. market. When banks wobble, loans can get harder to get, while savings rates often stay stuck.

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