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- US stocks dipped Tuesday amid weak consumer data and a rush of earnings reports.
- Retail sales rose by 0.2% in June from May, below views and slower than the prior month's increase.
- Bank of America, Morgan Stanley and other banks reported second-quarter earnings.
US stocks slipped on Tuesday amid weak consumer data while the second-quarter reporting season ramped up with more results from banks.
Retail sales rose by 0.2% in June from May, below views for a 0.5% bump and slower than the prior month's increase of 0.3%.
Meanwhile, Wall Street giants Bank of America and Morgan Stanley beat earnings expectations, after rival JPMorgan also reported strong results last week.