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Are CBA, Westpac, NAB and ANZ shares heading for more pain?
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Are CBA, Westpac, NAB and ANZ shares heading for more pain?
Bank shares have been a reliable place for investors to hide this year, but the mood is starting to shift. The 'big four' are under pressure again on Wednesday after Morgan Stanley (NYSE: MS) warned that conditions have turned against the sector faster than expected. Commonwealth Bank of Australia (ASX: CBA) shares are down 0.71% to $161.73 at the time of writing. Westpac Banking Corp (ASX: WBC) is down 1% to $36.02, National Australia Bank Lt…
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