Central Pacific Shares Decline Amid Renewed Trade War Tensions

Shares of Central Pacific faced significant downward pressure during yesterday’s trading session, caught in a broader market selloff triggered by escalating trade conflicts under President Trump’s administration. The financial sector experienced widespread declines as investor confidence wavered.

Central Pacific stock closed at $29.12, representing a decline of $0.38 or 1.29% for the session. Trading volume reached 24,128 shares as the regional bank’s performance mirrored substantial losses across major U.S. indices.

The market downturn was particularly severe, with the S&P 500 plunging 2.7%, the Dow Jones Industrial Average falling 1.9%, and the Nasdaq Composite dropping 3.6%. All major benchmarks recorded weekly losses exceeding 2.4%, indicating widespread market distress.

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