NEW YORK: Wall Street stocks finished lower on Tuesday , retreating from records following mixed earnings and economic data and amid talk the market is due for a pullback.
"The S&P 500 has reached into a level of overbought territory that suggests a period of consolidation and increased volatility may lie directly ahead," Canaccord Genuity equity strategist Tony Dwyer warned.The broad-based S&P 500 shed 10.26 points to end the session at 3,004.04, while the tech-rich Nasdaq Composite Index fell 35.39 points to close at 8,222.80.for June easily topped estimates, suggesting a confident consumer.
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