Dow falls a second day, loses 190 points with investors nervous about earnings

The Dow Jones Industrial Average fell for a second straight day Tuesday as investors awaited the start of corporate earnings season later this week.

Market focus is centered on corporate earnings results, with major U.S. banks set to kick off the first-quarter earnings season later in the week. J.P. Morgan Chase and Wells Fargo are both poised to report their latest figures on Friday, while Citigroup and BlackRock are scheduled to publish their results next week.

"We're heading into earnings seasons and growth is expected to be negative for the first time since 2016. I think investors are wringing their hands over it," said Jack Ablin, chief investment officer at Cresset Wealth Advisors."But, if you look at all the credit spreads, you look at volatility, everything still suggests that investors just tighten their seatbelts."

Wall Street short seller Carson Block believes the crashes show that the company is more concerned with short-term profits than anything else. Trade tensions between the U.S. and the European Union intensified Tuesday following a World Trade Organization ruling over subsidies for Airbus. The WTO ruled last year that the subsidies caused"adverse effects to the U.S.," prompting Washington to consider $11 billion worth of retaliatory tariffs on a range of European goods.

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