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The S&P 500 slipped Tuesday, as investors digested strong gains from recent sessions.
The Dow Jones Industrials faded 75.34 points to 42,716.73.
The much-broader index fell back 18.34 points to 5,945.26
The NASDAQ Composite flagged 86.74 points to 19,128.72.
Tech was the worst-performing S&P 500 sector, losing around 0.9%. Nvidia lost 2%. Meta Platforms, Apple and Microsoft were also lower on the day.
Home Depot traded slightly higher after the home improvement retailer stuck by its full-year guidance, expecting total sales for the full year to grow by 2.8%. CFO Richard McPhail also said the company doesn’t have any plans to raise prices in the face of higher tariffs.
The moves come a day after the S&P 500 eked out a small gain to stretch its winning streak to six days. That’s its longest run since a nine-day streak that ended earlier this month.
While Monday’s gains were marginal, they did add to what has been a rapid and sharp rebound for stocks over the past five weeks. The S&P 500 is now about 3% from its record high.
Prices for the 10-year Treasury were lower, raising yields to 5% from Monday’s 4.93%. Treasury prices and yields move in opposite directions.
Oil prices declined 42 cents to $62.27 U.S. a barrel.
Prices for gold rallied $46.30 to $3,270.80