US Stocks Fall on Trade and Growth Concerns

U.S. stocks fell on Tuesday due to disappointing economic data and intensifying trade tensions. The S&P 500, Dow Jones Industrial Average, and Nasdaq all posted losses, pressured by a weaker-than-expected ISM Services report and rising costs from tariffs. President Trump threatened additional tariffs of up to 250% on certain imports and renewed pressure on India, contributing to investor caution. Hopes for Federal Reserve interest rate cuts and strong corporate earnings limited the declines, though inflation and slowing growth remain concerns. Sector performance was mixed, with tech and utilities dragging, while companies like Palantir and Pfizer saw gains. Investors are awaiting clearer guidance on Fed policy and the outcome of ongoing trade disputes.