U.S. Stocks Fall For Fifth-straight Session
U.S. stocks bounced off session lows by the last trading hour, but still ended Tuesday lower, with losses across the board. The benchmark S&P 500 index fell for the fifth-straight session and is off more than 4% from its peak reached on Dec 29, 2014. Slumping oil prices and flight to havens such as Treasurys led to a bout of selling for the second consecutive day. The S&P 500 closed 17.97 points or 0.9%, lower at 2,002.61. The Dow Jones Industrial Average recorded another triple-digit loss, dropping 130 points, or 0.7%, to 17,371.64. The Nasdaq Composite was hit hardest, falling 59.84 points, or 1.3%, to 4,592.74.
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