U.S. stocks closed lower Tuesday after retailers disappointed the market with weaker profit forecasts. Investors also worried that the Federal Reserve may be close to reducing its economic stimulus.
The Dow Jones industrial average dropped 93.39 points, or 0.6 percent, to close at 15,518.74.
The S&P 500 fell 9.77 points, or 0.6 percent, to 1,697.37
The Nasdaq composite index dropped 27.18 points, or 0.7 percent, to 3,665.77.
For the week:
The Dow is down 139.62, or 0.9 percent.
The S&P 500 is down 12.30 points, or 0.7 percent.
The Nasdaq is down 23.82 points, or 0.7 percent.
For the year:
The Dow is up 2,414.60 points, or 18.4 percent.
The S&P 500 is up 271.18 points, or 19 percent.
The Nasdaq composite is up 646.26 points, or 21.4 percent.