NEW YORK: U.S. stocks fell on Tuesday, pulling back after the S&P 500 index’s biggest two-session advance in more than a month.
On Tuesday, the Dow Jones Industrial Average declined 142.20 points, or 0.8%, to 17928.20 and the S&P 500 fell 25.03 points, or 1.2%, to 2089.46.
The Nasdaq Composite, which has been a market leader in recent months, lost 77.60 points, or 1.55%, to 4939.33. Similarly, the small-cap benchmark Russell 2000 index, which had been outpacing the broader market, fell 1.4%.
The decline, which steepened in late-afternoon trading, was led by recent stock-market darlings: technology and small-company stocks.