Wall Street major banks' earnings kick off tonight: With share prices mired in a technical correction, a 20% profit growth forecast fails to ease threefold anxiety.

Zhitong Finance APP has learned that large U.S. bank stocks hovered in technical correction territory on Tuesday as the earnings season kicked off, with long-term borrowing costs climbing to their highest levels in decades, making market attention especially focused on bank executives' assessments of the health of U.S. consumers and the credit outlook.