Economic indicators due this week need to be right in the "middle of the fairway," Karen Finerman of Metropolitan Capital Advisors said Tuesday.
"I think it all has to do with the Fed," she added, citing ongoing monetary easing that hinges on the economy needing assistance. "We need economic data that is only in the middle of the fairway – not too hot, not too cold."
The Dow Jones Industrial Average declined 76.49 points to close at 15,177.54, breaking its streak of 20 consecutive Tuesdays in positive territory. The S&P 500 fell 9.04 points, to close at 1,631.38. The Nasdaq declined 20.11 points, to finish at 3,445.26.
On CNBC's "Fast Money," TheStreet CIO Stephanie Link said that positive consumer sentiment and PMI numbers have helped to bolster the stock market.