Stock Market News: Bank Worries Continues, Big Tech Earnings on Deck
US equities fell the most in a month on Tuesday as concerns over the banking sector's health cropped up again.
Source: businessinsider.com
Stay updated with breaking news from Arkets Wrap. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
US equities fell the most in a month on Tuesday as concerns over the banking sector's health cropped up again.
The S&P 500 and Dow Jones Industrial Average are headed for their worst trading week since March.
Mega-cap tech companies like Alphabet and Amazon are on deck to report quarterly results next week.
The inflation report should give investors a better idea if the Federal Reserve will hike interest rates again at its May FOMC meeting.
The VIX fell below 19 on Monday, marking its seventh consecutive daily decline as rate fears and banking jitters recede.