(CNBC) — U.S. equities fell on Tuesday after Goldman Sachs shocked Wall Street by missing estimates. Investors also remained vigilant amid U.S.-North Korea tensions and the nearing of the French presidential election.
“We always say the market moves on earnings and the expectation of earnings,” said Jeff Carbone, managing partner of Cornerstone Financial Partners. “We’re getting mixed results in the early part of the earnings season.”
“Earnings were expected to be very good and now we’re taking the ‘very’ part out of it,” he said.