U.S. stocks ended lower on Tuesday as renewed concerns over the threat artificial intelligence poses to software companies weighed on the S&P 500, while rising oil prices and shifting expectations for Federal Reserve policy added to pressure on equities, according to Reuters.
The S&P 500 fell 0.58% to 7,673.94, while the Nasdaq Composite declined 0.31% to 26,423.69. The Dow Jones Industrial Average was the biggest laggard, dropping 1.16% to 52,797.10.