Financials Down Sharply Amid AI Nerves - Financials Roundup

Shares of banks and other financial institutions fell sharply as traders braced for a popping of the AI bubble.

Shares of investment firms that have extended credit to or invested in data-center developers and software makers dropped.

Blackstone, Blue Owl, KKR and Apollo Global fell by 3% or more. Shares of investment bank owners such as Goldman Sachs Group and Morgan Stanley tumbled amid fears that the market selloff would slow deal activity.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

November 05, 2026 17:35 ET (22:35 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center