NASDAQ

Stocks falter as oil slides to its lowest price of 2017

Stocks falter as oil slides to its lowest price of 2017

U.S. stock indexes retreated from their record heights Tuesday after a slump in the price of oil weighed on energy companies.

The Standard & Poor's 500 index slid 16.43 points, or 0.7%, to 2,437.03, and the Dow Jones industrial average fell 61.85 points, or 0.3%, to 21,467.14. Both the S&P 500 and Dow had set records Monday thanks to big gains from technology stocks.

The Nasdaq composite declined 50.98 points, or 0.8%, to 6,188.03. The Russell 2000 index of small-cap stocks slumped 15.11 points, or 1.1%, to 1,402.97.

Losses were widespread across the market, with five stocks dropping on the New York Stock Exchange for every two that rose. Many of the sharpest...

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