U.S. stocks closed lower on Tuesday giving up some of the sharp gains from the previous session as uncertainty over trade policy and other geopolitical issues remained high.
The Dow Jones Industrial Average closed 178.88 points, or 0.7%, lower to 24,834.65. The S&P 500 index fell 8.54 points, or 0.3% to 2,724.46. Meanwhile the Nasdaq Composite declined 15.58 points, or 0.2% to 7,378.46.
Among the worst performers on the S&P 500, AutoZone Inc shares plunged 9.5% after the company reported quarterly result.