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flag U.S. stocks dropped Tuesday amid inflation fears, a shutdown, and weak data, though some tech and crypto stocks rose.

flag 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. flag The S&P 500, Nasdaq, and Dow all declined, with housing, airlines, and transport sectors underperforming. flag 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. flag Market breadth was negative, with more decliners than advancers.

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