Wall Street fell sharply on Tuesday as investors worried that President Donald Trump will struggle to deliver promised tax cuts that propelled the market to record highs in recent months, with nervousness deepening ahead of a key healthcare vote. - From Reuters
That added to losses in the sector since the Federal Reserve last week raised interest rates by 25 basis points and signaled it would remain on a gradual pace of hikes, a less aggressive stance than some investors expected.
Bank of America (BAC.N) slumped 5.77 percent, the biggest drag on the S&P 500, while a 3.72-percent drop in Goldman Sachs (GS.N) pulled the Dow lower.
The Dow Jones Industrial Average .DJI dropped 1.14 percent to end at 20,668.01 points, while the S&P 500 .SPX lost 1.24 percent to 2,344.02.
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