Global markets update: US stocks decline as banks tumble, investors await Fed’s next move
US stocks declined on Tuesday as shares of beleaguered banks tumbled again and as investors awaited the Federal Reserve’s next move on interest rates. The US central bank is expected to raise rates by 25 basis points on Wednesday. The S&P 500 fell 48.82 points, or 1.17%, at 4,119.05 points.Read More →