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The Dow Jones closes almost 100 points lower as the rally stalls after the record-breaking run

Wall Street took another pause on Tuesday, with the Dow Jones Industrial Average suffering its worst day in more than a week after hitting several record highs earlier this month, as investors eyed new data on falling stocks. consumer sentiment and awaited a closely watched inflation indicator expected later in the week.

How stocks are traded

  • According to preliminary data from FactSet, the S&P 500 SPX rose 0.2%, closing around 5,078.

  • The Dow Jones Industrial Average DJIA fell 0.3%, closing near 38,972. It was the biggest single-day point and percentage drop for the blue-chip index since Feb. 16, according to market data from Dow Jones.

  • The Nasdaq Composite COMP advanced 0.4% to close around 16,035, breaking a two-day losing streak.

The three major benchmark indexes posted small declines on Monday, with the S&P 500 and Dow Industrials snapping their three-day winning streak after closing last week at record highs, while the Nasdaq still flirted with his first record in more than two years.

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