The Dow and other markets took a hit as traders prepare for Nvidia and big box retailer earnings. The Dow fell 557 points, S&P 500 dropped 0.9%, and Nasdaq Composite was down 0.8%. Crypto also saw losses, with Bitcoin down 2.6%, reflecting market pessimism on risky investments. Construction spending data showed a 1.6% decrease from last year, impacting U.S. economic growth and risk-on trade, but unlikely the sole cause of the selloff.

Read more at Barron’s: The Dow Sheds 557 Points In Third-Straight Daily Loss. Here’s What Drove the Selloff.