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



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
    SPX
    was up 0.2%, ending around 5,078, according to preliminary data from FactSet.

  • The Dow Jones Industrial Average
    DJIA
    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
    COMP
    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.



Read More: Dow Jones ends down nearly 100 points as rally stalls after run to records

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