SPX on track for its worst day in almost five weeks
Banking woes are front and center this afternoon, dragging down the broader market.
Read MoreStronger new home sales but weaker consumer confidence
Consumer confidence fell more than expected in April thanks to a more pessimistic economic outlook.
Read More4 Key tactical indicators
Here are Monday's closing levels for our four key tactical indicators:
Read MoreEarly Tuesday look
S&P equity futures are trading below Monday's close amidst widespread losses in Europe and a mostly lower session in Asia overnight.
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