Dow sinks, led by a bank stock rout

U.S. stocks sank Tuesday amid political turmoil in Italy that sent the euro tumbling and ongoing difficult trade talks with China.

DJIA 24,361.45 -1.58% -391.64 S&P 500 2,689.86 -1.16% -31.47 NASDAQ 7,396.59 -0.50% -37.26 MOST ACTIVE DOW NAME LAST CHG % CHG GE 14.18 -0.45 -3.08% JPM 105.93 -4.73 -4.27% MSFT 98.01 -0.35 -0.36% S&P 500 NAME LAST CHG % CHG BAC 28.96 -1.20 -3.98% GE 14.18 -0.45 -3.08% MU 62.62 +1.27 2.07% NASDAQ NAME LAST CHG % CHG MU 62.62 +1.27 2.07% MSFT 98.01 -0.35 -0.36% CSCO 42.97 -0.29 -0.67% Quotes as of 5/29/2018 4:11:27 PM ET TOP NEWS Dow falls 500 points, led by JP Morgan, Morgan Stanley Here's why markets are so scared of the latest Italian political drama Morgan Stanley shares drop the most in nearly 2 years after wealth management exec says business slowed White House says Singapore summit with Kim Jong Un is 'expected,' just days after Trump canceled it Confidence in the jobs market soars to highest level since 2001 US forces Germany's Bayer to shed $9 billion in ag business in biggest ever antitrust sell-off Hurricane Maria's death toll could exceed 4,600, study estimates ABC cancels 'Roseanne' after Roseanne Barr compares black Obama aide Valerie Jarrett to an ape Run-up in home prices is "not sustainable:" Realtors' chief economist Big changes could be coming to iPhone screens — and they would be great for consumers TOP VIDEO Jeff Bezos: We must go back to the moon and this time to stay Denny Fish, Janus Capital Management, and Roger McNamee, Elevation Partners, discuss Jeff Bezos' Blue Origin partnering with NASA and the European Space Agency (ESA) to send humans back to the moon to create a permanent settlement. SPECIAL REPORTS If you are retiring abroad to escape the IRS, here is what happens if you give up your US passport These mistakes can ruin your summer vacation. Here's how to avoid them Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. Send this email to a friend Unsubscribe Advertise More Newsletters Digital Products © 2018 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632

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