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Stock futures lose ground as traders weigh more bank earnings: Live updates CNBCStock Market Today: Dow, S&P 500 and Nasdaq called lower ahead of Bank of America and Citi earnings; gold and silver hit new record highs; traders on alert for possible Supreme Court tariff ruling. MarketWatchWall Street falls with financials amid credit card rate plan concern ReutersU.S. Futures Fall, Precious Metals Gain on Iranian Unrest The Wall Street Journal
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Bank of America, the second-largest U.S. bank by assets, has been a beneficiary of the industry's recent tail winds.
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All the risks are sitting in U.S. stocks, which is why investors should be considering some diversification toward Europe, argues Deutsche Bank.
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Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
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