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How major US stock indexes fared Tuesday
A late-afternoon sell-off pulled U.S. stocks lower Tuesday, snapping a six-day winning streak.
Walmart plunged 10 per cent after reporting weak online sales and disappointing earnings. Other retailers, health care companies and industrial stocks also fell. The losses outweighed a modest gain by technology companies.
On Tuesday:
The Standard & Poor’s 500 index fell 15.96 points, or 0.6 per cent, to 2,716.26.
The Dow Jones industrial average slid 254.63 points, or 1 per cent, to 24,964.75.
The Nasdaq lost 5.16 points, or 0.1 per cent, to 7,234.31.
The Russell 2000 index of smaller-company stocks gave up 13.56 points, or 0.9 per cent, to 1,529.99.
For the year:
The S&P 500 is up 42.65 points, or 1.6 per cent.
The Dow is up 245.53 points, or 1 per cent.
The Nasdaq is up 330.92 points, or 4.8 per cent.
The Russell 2000 is down 5.52 points, or 0.4 per cent.
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