NEW YORK (AP) — A drop for Alphabet, one of Wall Street's most influential stocks, is helping to slow the U.S. stock market's record-breaking rally. The S&P 500 fell 0.2% early Tuesday, a day after setting its latest all-time high. The Dow Jones Industrial Average edged down 46 points, and the Nasdaq composite fell 0.2%. Analysts have said the market may be set for a slowdown following an unrelenting streak of nine straight winning weeks for the S&P 500, its longest since 2023. Oil prices slipped, and Treasury yields moved lower in the bond market. European indexes were higher, and Asian markets mostly rose.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.
Markets on Wall Street tipped toward losses before the opening bell Tuesday even as a handful of technology companies saw their shares post big gains as demand for AI and data center infrastructure remains red hot.
