Stocks End the Day Lower on Wall Street

Stocks are closing lower on Wall Street, breaking an eight-day winning streak for the S&P 500 index, the AP reports. Industrial companies and banks led the way lower Tuesday. Caterpillar fell 2.5% and Citigroup gave up 1.3% Technology companies also lost ground. Nvidia, a chipmaker, fell 1.3%. Traders were disappointed to see that the International Monetary Fund lowered its forecast for global growth this year. And a new threat of US tariffs on European goods helped send markets lower in Europe. The S&P 500 fell 17 points, or 0.6%, to 2,878. The Dow Jones Industrial Average lost 190 points, or 0.7%, to 26,150. The Nasdaq fell 44 points, or 0.6%, to 7,909. (More stock market stories.)