U.S. stocks fall as midsized bank earnings worry traders about underlying state of the economy

U.S. stocks fell on Thursday, hurt by drops for midsized banks as worries flare about the loans they’ve made.The S&P 500 slid 0.6% in its latest up-and-down day after erasing a morning gain. The Dow Jones Industrial Average dropped 301 points, or 0.7%, and the Nasdaq composite lost 0.5%.Zions Bancorp. tumbled 13.1% after the bank said its profit for the third quarter will take a hit because of a $50 million charge-off related to loans made to a pair of borrowers. Zions said it found “apparent misrepresentat ...