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U.S. stocks dropped Tuesday amid inflation fears, a shutdown, and weak data, though some tech and crypto stocks rose.
U.S. stocks closed lower on Tuesday as a deteriorating New York Fed consumer expectations survey fueled concerns over inflation and economic growth, compounded by a government shutdown halting official data releases.
The S&P 500, Nasdaq, and Dow all declined, with housing, airlines, and transport sectors underperforming.
While AMD, IBM, and Trilogy Metals rose on positive news, Tesla fell after launching a low-cost Model Y. Bitcoin-related stocks reversed gains as crypto prices pulled back.
Market breadth was negative, with more decliners than advancers.
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Las acciones estadounidenses cayeron el martes en medio de temores de inflación, un cierre y datos débiles, aunque algunas acciones tecnológicas y criptográficas subieron.