US stocks fell on Tuesday as Beijing escalated a long-standing trade dispute with Washington and the nation’s biggest banks reported third-quarter earnings.
The S&P 500 Index was 1% lower at 10:00 a.m. in New York, on track for its third straight day with a move of 1% in either direction since April. The Nasdaq 100 Index declined 1.3%. The Cboe Volatility Index hovered around 22.