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AAP
AAP
Business
STAN CHOE (AP Business Writer)

US stocks fall further from their records

NEW YORK (AP) — The U.S. stock market is giving back a bit more of its record-setting rally on Tuesday.

The S&P 500 fell 0.5% and was on track for a third dip after setting its latest all-time high. The Dow Jones Industrial Average was down 397 points, or 0.8%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.6% lower.

That followed mixed movements for stock markets abroad, while oil prices eased in their latest yo-yo move. Falling technology stocks in Asia dragged South Korea's Kospi down 3.3%, but Germany's DAX returned 1% for two of the world's bigger moves.

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