So-called momentum plays led a selloff in U.S. stocks on Tuesday that pulled the Dow Jones Industrial Average and S&P 500 further from record levels.
The Dow Jones Industrial Average DJIA -0.69% dropped 117.59 points, or 0.7%, to a preliminary 16,906.62, while the S&P 500 SPX -0.71% shed 13.94 points, or 0.7%, to 1,963.71.
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