Stocks faded Tuesday, with the S&P 500 and Nasdaq below key levels. Bitcoin is near recent lows. Tesla woes continue. Read More...
MarketWatch
Dow ends nearly 270 points lower as tech shares lose steam in afternoon trade
Stocks ended lower Tuesday as a bounce for tech-related shares ran out of steam in afternoon trading. The Dow Jones Industrial Average fell around 267 points, or 0.8%, to close near 34,061, according to preliminary figures, while the S&P 500 declined around 36 points, or 0.9%, to finish near 4,128. The Nasdaq Composite ended with a loss of around 75 points, or 0.6%, near 13,304. Stocks saw a mixed performance in early activity, with tech shares holding gains. A round of upbeat earnings from retailers were seen providing support but was offset by a weaker-than-expected reading on housing starts, analysts said.
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