US DJIA Closes 301 Points Lower Amid Worries About Rising NPLs; Bank Stocks Tumble

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: Oct 16 2025

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Source: aastocks

Market Volatility: U.S. stocks experienced significant volatility due to concerns over non-performing loans (NPLs) in banks, ongoing trade tensions, and the potential for a U.S. government shutdown, with the DJIA closing down 301 points.
Bank Stock Declines: Regional bank stocks suffered major losses, with Jefferies Financial Group down 10.6% and Zions Bancorporation plunging 13% after announcing substantial loss provisions for NPLs.
AI Stock Performance: AI-related stocks performed well, with Salesforce expecting FY2030 revenue to exceed $60 billion, while NVIDIA, Micron Technology, and Oracle also saw stock increases.
Crude Oil Stock Change: The API reported a crude oil stock change of 3.524 million barrels for October 10, surpassing the previous value and forecast.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.