Shares of banks and financial services companies are trading lower amid overall market weakness as stocks continue to sell off following worse-than-expected May CPI data. Rising inflation has led to concerns surrounding further Fed policy tightening which may limit economic growth.
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Shares of banks and financial services companies are trading lower amid overall market weakness as stocks continue to sell off following worse-than-expected May CPI data. Rising inflation has led to concerns surrounding further Fed policy tightening which may limit economic growth.