Bank stocks and the broader market fell in response to a host of negative economic news.
The KBW Bank Index fell 1.46%, the Dow Jones industrial average fell 0.97% and the Standard & Poor's 500 index fell 0.85%.
The Conference Board said Tuesday that its Consumer Confidence Index was 49.3 in June, down from its revised level of 54.8 for May. Economists on average had expected the index to rise.
Also Tuesday, the Treasury Department said the number of homeowners at least two months behind in their mortgage payments or in foreclosure jumped in the first quarter from the previous quarter.
And according to the Standard & Poor's/Case-Shiller index, home prices in 20 major cities in April fell 18.1% from a year earlier.
Finally, the Labor Department said jobless rates in May rose from a year earlier in all 372 metropolitan area it tracks.
JPMorgan Chase & Co. fell 1.4%, Wells Fargo & Co. fell 1.1%, PNC Financial Services Group Inc. fell 2%, U.S. Bancorp fell 1.5% and Citigroup Inc. fell 5 cents, to $2.97.
Bank of America Corp. rose 0.1%.
Among the regionals, KeyCorp fell 1.5%, M&T Bank Corp. fell 0.8%, Zions Bancorp. fell 5.6% and Huntington Bancshares Inc. fell 15 cents, to $4.18.
SunTrust Banks Inc. rose 0.6%.