Stocks fell on Tuesday, with the major indexes pulling back from record levels amid a mixed batch of earnings results from major retailers. A closely watched monthly report on retail sales also missed estimates, pointing to a bigger-than-expected deceleration in consumer spending.
The S&P 500 declined after closing at an all-time high by the end of Monday’s session. That marked the index’s fifth consecutive record close. The Dow and Nasdaq also traded lower.
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