U.S. stocks continue declining as earnings reports approach

Stocks fell on Tuesday, with the S&P 500 down 1% and the Dow losing around 260 points. Investors are concerned as the sell-off continues. On Wednesday, Nvidia's CEO, Jensen Huang, will be featured on CNBC at 10 a.m. He will also appear later with Jim Cramer at 6 p.m. There are many topics to discuss, including the company's stock, artificial intelligence, and global trade issues. Nvidia's stock has dropped 5.1% this week, and it is now 23% below its peak from January 7. Bank of America’s CEO, Brian Moynihan, will join "Squawk Box" at 8 a.m. The bank's stock has fallen 5.2% this year and is 13% off its high from November. Other major banks like Goldman Sachs and JPMorgan have also seen significant declines, dropping about 18% from their highs. General Mills will report its quarterly earnings before the market opens on Wednesday. The food company’s stock has decreased by 5.4% in the last three months and sits 20% below its peak from September. The company offers a dividend of 60 cents per share. Williams-Sonoma is also set to announce quarterly results on Wednesday. Its stock has dropped 7.4% in the last three months and is down 7% in 2025. The stock is part of the SPDR S&P Homebuilders ETF. Later in the day, the Federal Reserve will announce its interest rate decision at 2 p.m. This will be followed by a news conference with Fed Chair Jerome Powell at 2:30 p.m. Currently, the 10-year Treasury yield is at 4.28%. Other Treasury yields range from 4.04% to 4.3%. Several bond ETFs also report varying yields, with the iShares 0-5 Year High Yield Corporate Bond ETF offering the highest yield at 7.05%.