Major U.S. banks experienced significant declines on February 20, 2025, with Goldman Sachs ($GS) leading the drop at 5% down, followed by Morgan Stanley ($MS) at over 5%, JPMorgan Chase ($JPM) down 4%, and Citigroup ($C) down 3%. This downturn contributed to a substantial impact on the Dow Jones Industrial Average, with Goldman Sachs accounting for a loss of 180 points from the index. The overall market sentiment regarding the banking sector appears to be negative, raising concerns about its health.