Stocks fell on Tuesday as tech shares dropped sharply, while lingering concerns over a trade dispute between the U.S. and other major economies rattled investors.
The Dow Jones Industrial Average declined 132.36 points to close at 24,174.82, with Apple falling more than 1.5 percent. The S&P 500 fell 0.5 percent to 2,713.22, with tech sliding 1.4 percent. The Nasdaq composite pulled back 0.9 percent to 7,502.67 as Micron and Facebook dropped 5.5 percent and 2.4 percent. The indexes also snapped their three-day winning streaks.
U.S. markets closed at 1 p.m. ET on Tuesday ahead of the Fourth of July holiday.
Equities rose earlier in the day, as energy shares jumped after West Texas Intermediate oil futures broke above $75 per barrel for the first time since November 2014. The Energy Select Sector SPDR Fund (XLE) rose more than 1.5 percent earlier in the session before closing 0.5 percent higher.
The moves Tuesday come after stocks eked out a gain on Monday, despite concerns about a spat between the U.S. and its key trade partners. Those worries contributed to a late-session sell-off on Tuesday, however, as trade-sensitive names like Boeing and Caterpillar closed near their session lows. Boeing fell 0.9 percent, while Caterpillar closed 1.8 percent lower.