US stocks sink as S&P 500 falls to its first loss in 7 days

By Stan Choe

US stocks sink as S&P 500 falls to its first loss in 7 days

NEW YORK (AP) -- U.S. stock indexes fell on Tuesday, as momentum slowed for Wall Street after it rallied from a deep hole nearly all the way back to its all-time high set earlier this year.

The S&P 500 fell 0.4% for its first drop in seven days, but it's still within 3.3% of its record. The Dow Jones Industrial Average lost 114 points, or 0.3%, and the Nasdaq composite slipped 0.4%.

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