🔴 BAC is trading 3% down today on global tariff implementation and macro concerns

BAC is trading at $49.53 (-3.02%) as it underperforms the broader market following the implementation of a 10% global tariff on February 24, 2026.

• While the 10% tariff is lower than the feared 15%, investors remain cautious regarding tariff-related uncertainty and potential credit losses.
• The stock's decline contrasts with gains in major indices, with the S&P 500 up 0.18%, the Dow up 0.52%, and the Nasdaq up 0.41%.
• No company-specific events were reported today; the move follows a period of digestion after a Q4 earnings beat in January 2026.