US stocks fall, giving up some ground after 3 straight gains
https://apnews.com/e16fb40f70a24064bad67c8f6205376c
U.S. stocks moved broadly lower in early trading Tuesday, weighed down by a mixed batch of company earnings and another decline in bond yields.
Banks drove much of the selling as investors reacted to the decline in yields. The 10-year Treasury note slipped to 1.54% from 1.59% late Monday. When bond yields fall, it pulls down the interest rates that banks pocket on mortgages and other consumer loans. Bank of America slid 1.2% and Wells Fargo dropped 1%.