U.S. stocks ended lower Tuesday as investors weighed corporate earnings and new comments from a Federal Reserve hawk suggesting interest-rate cuts could happen this year, but with no urgency on the timeline.
How stocks traded
-
The Dow Jones Industrial Average
DJIA
ended 0.6% lower, according to preliminary data from FactSet. -
The S&P 500
SPX
fell 0.4% -
The Nasdaq Composite
COMP
finished down 0.2%
Stocks rose last week, with the S&P 500 finishing Friday just 0.3% away from its record close set on Jan. 3, 2022.
