{"id":73620,"date":"2026-02-23T18:46:45","date_gmt":"2026-02-23T18:46:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=73620"},"modified":"2026-02-23T18:46:45","modified_gmt":"2026-02-23T18:46:45","slug":"banks-asset-manager-stocks-plunge-on-private-credit-panic-whats-moving-markets-monday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=73620","title":{"rendered":"Banks, Asset Manager Stocks Plunge On Private Credit Panic: What’s Moving Markets Monday?"},"content":{"rendered":"
\n

Wall Street opened the week under heavy pressure as risk sentiment deteriorated on AI-related credit concerns and fresh trade uncertainty amid the feud between President Donald Trump<\/strong> and the Supreme Court<\/a>.<\/p>\n

By 1:00 p.m. in New York, the S&P 500 was down more than 1%, the Nasdaq 100 had fallen 1.3% and the Dow Jones Industrial Average slumped 1.5%. <\/p>\n

The blue-chip index was weighed down by sharp losses in financial names. A wave of selling hit asset managers after concerns emerged around a private credit fund managed by Blue Owl Capital Inc. <\/strong>(NYSE:<\/a>OWL<\/a>). The firm announced it is liquidating $1.4 billion in assets to raise money to pay out individual investors. <\/p>\n