Us Stocks Fall Amid Banking Concerns

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(Reuters) - Visa Inc's quarterly profit rose by 40 percent, and by far the largest payment processor said it would introduce a new fee structure for U.S. merchants.

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"We've a new rough set of two days, with bond yields approaching 5%. This market has been strong, it's the same an excuse to take money from all the table, but this move is clearly interest-rate driven," Jay Suskind, director of trading at Ryan, Beck & Co, told MarketWatch.

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There aren't any market moving economic releases today, but Kansas City Fed President Hoenig will speaking at 11:45 AM ET. His remarks should draw plenty of attention as Mr. Hoenig has been the one known dissenter at prior FOMC meetings.

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