US stocks fall as bank worries spread to Europe; Dow down 500. Follow live updates.

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Stocks are tumbling on Wall Street this morning as worries about the strength of banks worsen on both sides of the Atlantic Ocean.

NEW YORK — Stocks are back to falling on Wall Street Wednesday as worries worsen about the strength of banks on both sides of the Atlantic.

Credit Suisse has been fighting troubles for years, including losses it took from the 2021 collapse of investment firm Archegos Capital. Its shares in Switzerland sank more than 22% following reports that its top shareholder won’t pump more money into its investment.

 

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