Shares of J.P. Morgan fell 2.6% while Citigroup lost 1.6% and Wells shed 2.4%.
Delta Air Lines fell 1.8 percent after reporting a smaller profit than analysts expected. Target added it expects second-quarter earnings to come in above the high end of the forecast.
Bank of America was the biggest drag on the S&P and Goldman Sachs shaved off 21 points from the Dow.
Treasuries notched their first weekly gain in three, bolstered by Fed Chair Janet Yellen's gradualist tone on policy tightening as inflation languishes below the central bank's 2 percent target.
Rain expected today; sunshine to return by Saturday
Thursday will have rain chances continue be at 30% with scattered thunderstorms and partly cloudy skies. Tonight through Saturday midday: Fair to partly cloudy, hazy and breezy with local showers possible.
Earnings will be closely watched to see if high valuations are justified in the face of tepid inflation and a recent patch of mixed economic data. The Nasdaq Composite Index was up 13 points, or 0.2%, to 6,286. The S&P 500 Index gained 4.58 points, or 0.19%, to 2447.83.
"The evolution of the economy will warrant gradual increases in the federal funds rate over time to achieve and maintain maximum employment and stable prices", Yellen said.
Tiffany rose 1.9 percent as it named Alessandro Bogliolo, a veteran of the luxury industry, as its chief executive.
Treasury Yields Fall On Weak Inflation, Retail Sales
Japan's yen-sensitive Nikkei slid 0.4 per cent on the yen's gains but MSCI's dollar-denominated Japan index gained 0.5 per cent. The most-active US gold futures for August delivery futures settled up $10.20, or 0.84 percent, at $1,227.50 per ounce.
US House Democrats introduce new Iran, Russia sanctions bill But Ryan signaled that he wants the amended Senate bill to move and he said House Democrats are responsible for the delay.
Defying Trump, Jerry Brown to showcase American climate change efforts
The pledge will not, however, replace the United States' commitment to the Paris agreement. President Macron has been critical of Trump's approach to climate change .
Growing sinkhole forces evacuation of homes
Shortly after our sister station ABC Action News arrived on scene, one of the homes collapsed into the sinkhole. The hole quickly grew to 200 feet wide - about two-thirds the length of a football field - and 50 feet deep.
Hammerson Plc (HMSNF) Reviewed By Analysts
KeyBanc Capital Markets maintained Multi-Color Corporation (NASDAQ:LABL) on Tuesday, May 30 with "Sell" rating. The stock of Anglo American plc (LON:AAL) has "Neutral" rating given on Wednesday, December 9 by Citigroup.
Woman posing for a photo knocks over art installation worth $200000
It was labelled by the Los Angeles Times as being a "series of wondrous, over-the-top sets for the ideal selfie". When she crouches down, she suddenly knocks one over and causes a domino effect.
Christopher Wong Won (1964 - 2017)
After making a name for himself in the music industry, he later went on to form his own record label called Chinaman Records . Although 2 Live Crew is identified as part of the Miami hip-hop scene, the group's genesis took place in California.
Navy corpsman, 15 Marines killed in military plane crash
The Marine Corps said in a statement on Tuesday 15 Marines and a Navy Corpsman were aboard the aircraft and killed in the crash. Law enforcement authorities had received reports that items were being taken from the site, with debris scattered for miles.
Celebrate National French Fry Day with FREE fries in Tampa
Many celebrated the holiday, including Chickie's and Pete's , which is offering its world-famous Crab Fries for $1 until midnight. Omaha Steaks: Visit any Omaha Steaks' location or order online to get a burger and an order of steak fries for only $2.99.
Aaron Rodgers wins best NFL Player and Best Play at ESPY Awards Green Bay Packers quarterback Aaron Rodgers is one of the game's best QBs, and may very well be one of the greatest of all time. Green Bay made it all the way to the NFC Championship Game before falling to that Atlanta Falcons on the road, 44-21.
White House attacks CBO health care inaccuracy, misspells 'inaccurately' The White House fleshed out its anti-CBO case in a video that contains some very basic errors. The stakes on completing a budget are high for the Trump administration.
Google Play Music's New Release Radio Now Open to All
But while you could indeed stream from Google Play Music to your smart speaker, you were only limited to what's on their online catalog.
Giant Iceberg Could Impact One of the World's Busiest Shipping Lanes
The iceberg weighs an estimated 1.12 trillion tons and is approximately the size of Delaware. A map of Larsen C overlaid with NASA's MODIS thermal image from today.
'Gangnam Style' is no longer the most-viewed video on YouTube
However, as of July 11, according to a BBC report, the pop song has been overtaken by the heart-warming ballad " See You Again ". For the last five years, the insanely compelling dance video " Gangnam Style " has dominated the YouTube video leaderboards.
Explosion confirmed at USAF Recruiting Center in Oklahoma
Agents are investigating the possibility that the explosion was an incident of domestic terrorism, according to the Tulsa World . Federal officials are investigating an explosion at an Air Force recruitment base in a strip mall in Bixby, southeast of Tulsa.