U.S. stocks turn lower after weak consumer-confidence reading

U.S. stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected.

What’s happening
  • The Dow Jones Industrial Average
    DJIA,
    -0.65%
    was down 185 points, or 0.6%, at 31,253.

  • The S&P 500
    SPX,
    -1.14%
    fell 38 points, or 1%, to 3,862.

  • The Nasdaq Composite
    COMP,
    -1.97%
    dropped 202 points, or 1.8%, to 11,323.

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