US stock market tumbles at record high levels; banking stocks pull the key indices lower
After reaching record high levels, the Dow Jones and S&P 500 experienced intense selling pressure, closing almost 1% lower on Tuesday. Investors turned cautious ahead of key earnings from banking stocks as JPMorgan warned that a 10% interest rate cap could hurt the economy and consumers
After reaching record high levels, the Dow Jones and S&P 500 experienced intense selling pressure, closing almost 1% lower on Tuesday. Investors turned cautious ahead of key earnings from banking stocks as JPMorgan warned that a 10% interest rate cap could hurt the economy and consumers
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