New York - Investors have sent stocks lower, extending a pause in a big four-week rally as the market girds itself for potentially grim earnings reports.
The second straight day of declines Tuesday has touched a swath of sectors from financials to energy. Analysts attribute the pullback to profit-taking after a huge advance in March. Traders are also nervous about a coming flood of corporate results.
The Dow is ending down 186 points, or 2.3%, at 7 789.
The Standard & Poor's 500 index is down 20, or 2.4%, at 816. The Nasdaq composite index is down 45, or 2.8%, at 1 562.
- AP