US stocks end lower on banking concerns, weak China data

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US stocks closed lower on Tuesday due to concerns over the US banking sector, stronger than expected economic data, and worries over the health of the Chinese economy. Major US banks including JPMorgan Chase, Wells Fargo & Bank of America all went down by more than two percent after Fitch warned of the risks of a downgrade.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rI4haDM

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