U.S. STOCK MARKET
Slumping telecommunications and industrial shares weighed on U.S. stock benchmarks as investors struck a cautious tone ahead of corporate earnings season.
The Dow Jones Industrial Average shed 71 points, or 0.5%, to 13313 midafternoon trading on Tuesday. The S&P 500 gave up seven points, or 0.5%, to 1455, extending its slide from a five-year closing high on Friday.
Read More on International Business Times
Latest Markets Videos
- The $12 Trillion "Once-in-a-Lifetime" Market Opportunity Investors Won't Want to Miss
- J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels
- Forget Tesla's Battery Day, These EV Stories Are More Important
- ChargePoint, Switchback Energy Acquisition Enter Business Combination Agreement