Interactive Brokers is trading 5.2% down at $86.19 as investors reduce exposure to financials during a broad market risk-off move.

  • Escalating geopolitical tensions in the Middle East and rising oil prices are weighing heavily on market sentiment.
  • Investors are maintaining a cautious stance ahead of the Federal Reserve’s upcoming interest rate decision.
  • The selloff is driven by macroeconomic factors, with no fresh company-specific news reported for the firm.