There are 13 new members of the AIIB, which the United States has so far refused to join - unlike newbies Canada, Hong Kong and Ireland.
ADRs have been confined to a tight trading range for months.
The image of a weakened president is having a widespread effect.
Unlike most other banks, SAN has since rallied to new highs for the year.
Shares could test nearby support but a deep decline is not anticipated.
The stock seems to be building a bigger base for a larger rally in the future.
Look for more sideways price action in the weeks ahead.
Besides financials, steel sector also got dented.
I am not calling for the end of the Trump trade, but Europe looks good.
But it's a start, and stocks may try the downside again.

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