US stocks: Wall Street ends down as PacWest fuels fears of deeper bank crisis

Wall Street suffered losses as US lenders' health concerns dominated after PacWest Bancorp revealed plans to explore its strategic options, including a sale, leading to a plunge of 51% in its shares. Stocks of regional banks along with JPMorgan Chase and Wells Fargo & Co faced the heat.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lXawUdK