Stocks Fall After First Republic Earnings Revive Banking Worries

Disappointing earnings from companies including First Republic Bank and UPS helped interrupt a weekslong stretch of market calm on Tuesday

Disappointing earnings from companies including First Republic Bank and United Parcel Service helped interrupt a weekslong stretch of market calm on Tuesday, with stocks falling asThe S&P 500 fell 1.

6%, and the Dow Jones Industrial Average fell around 345 points, or 1%, marking the largest single-day declines for both indexes since March 22. The tech-heavy Nasdaq Composite dropped 2%, its biggest decline since March 9.

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