Following the sharp pullback seen in the previous session, stocks saw further downside during trading on Tuesday. With the drop, the S&P 500 continued to give back ground after ending last Friday's trading at a record closing high.
The major averages climbed well off their worst levels of the day but remained in negative territory. The Dow dipped 106.77 points or 0.3 percent to 35,544.18, the Nasdaq tumbled 175.64 points or 1.1 percent to 15,237.64 and the S&P 500 slid 34.88 points or 0.8 percent to 4,634.09.
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