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Credit Jitters Deepen Bank Losses, Defense Stocks Fall on Trump-Putin Meeting | Opening Trade 10/17

Markets

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October 17, 2025

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Bloomberg

Stocks fell as losses in US lenders deepened, with doubts over regional banks’ credit health prompting traders to cut risk at the end of a volatile week. Bonds and haven currencies were major beneficiaries as investors rushed for safety. European defense stocks slump after President Donald Trump said he would meet Vladimir Putin for a second time “within two weeks or so” to discuss ending the war in Ukraine, announcing another meeting with Russian leader Vladimir Putin after a first summit in Alaska failed to yield progress. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson, Lizzy Burden and Valerie Tytel. (Source: Bloomberg)

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