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Stocks slipped Tuesday, at the end of the S&P 500′s best quarter in more than a decade, with a weaker-than-expected consumer confidence report and a slump in oil prices sparking the selloff.

When New Frontier Bank failed in April, regulators failed to find a buyer, forcing the FDIC to absorb the roughly $2 billion in assets that were once owned by the Colorado-based lender.

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The head of General Motors, seeking swift approval of a plan to leave the automaker’s debt behind, told a bankruptcy court Tuesday that the company’s June sales are stronger than expected — in part because the bankruptcy process is going swiftly.

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