Dow Jones Industrial Average slips after bank earnings, tech slide; Goldman and inflation data next
The Dow closed down 42.36 points, or 0.09%, at 49,149.63, as tech and financial shares fell. Bank stocks slid after Wells Fargo missed profit targets and Citigroup signaled more layoffs. Visa dropped 4.5% following President Trump’s proposal to cap credit-card interest rates. Investors await Goldman Sachs earnings and a delayed inflation report.