Financial stocks are trading lower as part of a wider market downturn driven by heightened geopolitical tensions in the Middle East and investor anxiety preceding the Federal Reserve's interest rate announcement. The escalation of hostilities between the U.S. and Iran has sparked a risk-off sentiment, leading to significant drops in major indices. Uncertainty surrounding the FOMC's decision, expected later today, is further contributing to market volatility, overshadowing any sector-specific news.