Stock Market Today: Wall Street Drifts Lower in a Rare Stumble Following Its Big Rally

Stock Market Today: Wall Street Drifts Lower in a Rare Stumble Following Its Big Rally
A street sign in front of the New York Stock Exchange in New York on June 14, 2022. Seth Wenig/AP Photo
|Updated:
0:00

NEW YORK—Wall Street’s rally ran out of momentum Tuesday, and stocks drifted lower a day after hitting their highest level since the start of August.

The S&P 500 slipped 9.19 points, or 0.2 percent, to 4,538.19 for just its third loss in the last 17 days. The Dow Jones Industrial Average dropped 62.75, or 0.2 percent, to 35,088.29, and the Nasdaq composite dipped 84.55, or 0.6 percent, to 14,199.98.