Bad news sent the markets lower today as all markets closed in the red. There was news of a train crash in Jersey, more bad news on the health of Deutsche Bank (DB  ), and Wells Fargo (WFC  ) CEO was back on capitol hill today to take more questions from congress about the recent scandal. All of this caused the Dow 30 to trade lower by 187, the S&P 500 to lose 20 and the Nasdaq 100 to close down 49. Tomorrow traders will wrap up the last trading day of the month with some news on Consumer Sentiment and Personal Spending.

Wells Fargo (WFC  ) shares were pummeled again today as CEO John Stumpf was back on Capitol Hill today getting another grilling by a House committee about the phony account scandal . The outrage felt by millions across the country was back in focus today with some lawmakers saying it should cost Stumpf his job. It's already costing him $41 million in stock awards that Wells board is clawing back. And now the state of California is cutting off business with the bank for a year. Shares were down another 2.07% today, hitting new 52 week lows in the process.

PepsiCo (PEP  ) shares were up nicely in early trading, but were unable to hold on to most of those gains by the close (0.35%). According to analysts reviews, the beverage and snack giant raised its profit outlook for the year after reporting a beat on both its top and bottom lines for the fiscal third quarter. Revenue declined 1.8% from a year ago, but cheaper raw material costs and demand for snacks and beverages in North America lifted its core profit.

Fitbit (FIT  ) suffered a strong decline today (-11.26%) after Pacific Crest downgraded the stock to underweight from sector weight this morning. The firm citing that the company's flagship holiday product, the "Charge 2" is off to a slow start. Shares remain very near their lows of the year.