US stocks close lower
US Stocks
New York - SPA
US stocks closed lower on Tuesday, as investors found some relief from a slight recovery in bonds.
The Dow Jones industrial average dropped 36.94, or 0.20 percent, to 18,068.23. The broader Standard & Poor's 500 index declined 6.21, or 0.29 percent, to 2,099.12. The technology-heavy Nasdaq composite index lost 17.38, or 0.35 percent, to 4,976.19.
The dollar fell about half a percent, with the euro at $1.12. Light sweet crude oil for June delivery added 2.5 percent to $60.75 a barrel on the New York Mercantile Exchange, while gold futures gained $9.40 to $1,192.40 an ounce.
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