** Shares of major Wall Street banks fall in premarket trading as tariff worries continue to spark fear of economic slowdown among investors
** JPMorgan Chase JPM.N, Goldman Sachs GS.N, Morgan Stanley MS.N, Bank of America BAC.N, Citigroup C.N and Wells Fargo WFC.N are down; Morgan Stanley leads the declines with 1.9% fall
** Equities market has remained volatile against the backdrop of tariff uncertainty, sparking concerns of an impending economic recession
** A Reuters poll found 91% of economists view the odds of a downturn to have increased under US President Donald Trump's rapidly shifting trade policies
** On Friday, Fed Chair Jerome Powell said that the economy was on a strong footing, but he also underscored the need for caution on lowering borrowing costs
** S&P 500 Banks .SPXBK index is down 8.8% YTD
(Reporting by Jaiveer Singh Shekhawat in Bengaluru)
((JaiveerSingh.Shekhawat@thomsonreuters.com;))
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