Stocks Fell Tuesday As Traders Weighed A Year-End Rally And Awaited U.S. Inflation Data, With Dow Jones Logging Its Fourth Consecutive Decline

Stocks retreated Tuesday as traders weighed a year-end rally and awaited U.S. inflation data. The Dow Jones Industrial Average slid 35 basis points, its fourth consecutive decline. The S&P 500 fell 30 basis points, and the Nasdaq Composite dropped 25, marking back-to-back losses. Oracle shares plunged over 6% after missing fiscal second-quarter estimates. Alphabet jumped more than 5% following a major quantum computing breakthrough, bringing its year-to-date gains to over 30%. Nvidia extended losses, down more than 2%, amid a Chinese antitrust probe. Investors await Wednesday’s CPI report, potentially influencing the Federal Reserve’s December rate decision.