BAC is trading at $51.47 (-3.01%) as markets react to President Trump's new 15% global tariff announced February 21, 2026, following a Supreme Court ruling striking down prior tariffs.
- Major indices are down, with the S&P 500 falling 0.65% and the Dow dropping 1.28%, amplifying pressure on the financial sector.
- The decline is driven by macro trade policy volatility rather than company-specific news; a recent $25B private credit commitment from February 20 lacks a direct link to today's drop.
- Bank of America shares are currently aligning with broader sector weakness as investors weigh the impact of the new trade measures.