Stocks Slip from Record Highs Tuesday - InvestingChannel

Stocks Slip from Record Highs Tuesday

The Dow Jones Industrial Average fell from record levels Tuesday as traders sifted through the latest earnings reports.

The 30-stock index sank 175.57 points to 42,889.65.

The S&P 500 index dropped 2.33 points to 5,857.52.

The NASDAQ Composite handed over 29.82 points to 18,472.87.

Wall Street is coming off a winning session that propelled the S&P 500 and Dow to all-time highs. Notably, the Dow added more than 200 points to finish above the 43,000 mark for the first time.

UnitedHealth was down 9% after the company trimmed its full-year earnings outlook. Bank of America ticked 2% higher on better-than-expected results.

Prices for the 10-year Treasury picked up some territory, lowering yields to 4.05% from Monday’s 4.07%. Treasury prices and yields move in opposite directions.

Oil prices ditched $3.32 to $70.51 U.S. a barrel.

Gold prices added $5.90 to $2,671.50 U.S. an ounce

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