Wall Street slips as energy, financials lose ground

Wall StreetWall Street

US stocks inched lower on Tuesday, with the S&P 500 retreating slightly from a record, as weakness in the energy and financial sectors outweighed gains in technology shares.

The energy sector’s 1.31 percent fall made it the worst performer among the major S&P 500 sectors. Exxon was down 0.6 percent.

The Dow Jones Industrial Average fell 50.81 points, or 0.24 percent, to 21,029.47, the S&P 500 lost 2.91 points, or 0.12 percent, to 2,412.91 and the Nasdaq Composite dropped 7.01 points, or 0.11 percent, to 6,203.19.

 

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