In the US stock market on Wednesday, the three major indexes fluctuated and the market waited for the US Fed's rate result. However, bank stocks were sold off again, and both large bank stocks and high-risk bank stocks declined.
Among them, First Republic Bank once rose more than 6% in intraday trading, but then slumped quickly, with a short-term drop of more than 10%. PacWest Bancorp rushed higher after the opening, but then plunged into free fall, with a short-term slump of more than 10%.