Dow Jones ends down nearly 100 points as stock rally stalls after run to records


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Wall Street took another breather on Tuesday, with the Dow Jones Industrial Average suffering its worst day in over a week after notching multiple record highs earlier this month, while investors eyed fresh data on slipping consumer attitudes and awaited a closely watched inflation gauge due later in the week.

How stocks traded

  • The S&P 500
    was up 0.2%, ending around 5,078, according to preliminary data from FactSet.

  • The Dow Jones Industrial Average
    dropped 0.3%, to finish near 38,972. It was the largest one-day point and percentage decline for the blue-chip index since Feb. 16, according to Dow Jones Market Data.

  • The Nasdaq Composite
    advanced 0.4%, to end around 16,035, snapping a two-day losing streak.

On Monday, the three major benchmark indexes logged small declines — with the S&P 500 and Dow industrials snapping their three-day winning streak after ending last week at record highs, while Nasdaq still flirted with its first record finish in more than two years.

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Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

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