U.S. stocks mostly fell on Tuesday, but the big rush for safety that coursed through global markets after the United States killed a top Iranian general on Friday slowed. Gold’s momentum eased a day after touching its highest price in nearly seven years, several Asian and European stock markets clawed back much of their losses from Monday and benchmark U.S. crude dropped for the first time in four days. The S&P 500 dipped but remains within 0.6% of its record, and a measure of fear in the stock market moved lower. Bond prices fell, sending yields higher.
The S&P 500 fell 9.10 points, or 0.3%, to 3,237.18.
The Dow Jones Industrial Average lost 119.70, or 0.4%, to 28,583.68.
The Nasdaq slipped 2.88, or 0.03%, to 9,068.58.
The Russell 2000 index of smaller company stocks fell 4.95 points, or 0.3%, to 1,658.31.
For the week:
The S&P 500 is up 2.33 points, or 0.1%.
The Dow is down 51.20 points, or 0.2%.
The Nasdaq is up 47.81 points, or 0.5%.
The Russell 2000 is down 2.56 points, or 0.2%.
For the year:
The S&P 500 is up 6.40 points, or 0.2%.
The Dow is up 45.24 points, or 0.2%.
The Nasdaq is up 95.98 points, or 1.1%.
The Russell 2000 is down 10.16 points, or 0.6%.
The Associated Press