MoneyBusiness

Actions

Stocks fall as virus worries force big rally to take a pause

Posted
and last updated

NEW YORK — Stocks took a pause from their big rally this month that has vaulted them back to record heights. The S&P 500 lost 0.5% Tuesday, after falling 1.1% earlier.

Treasury yields also dipped after a report showed U.S. shoppers spent less at retailers last month than economists expected.

The numbers underscore how the coronavirus pandemic is worsening and threatening to drag the economy lower, at least in the near term. Stocks that stormed higher this month on hopes that a vaccine or two may get the global economy back to normal next year receded amid the worries.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Tuesday

07/01/2025

Clear

-° / 73°

0%

Wednesday

07/02/2025

Clear

103° / 73°

0%

Thursday

07/03/2025

Clear

103° / 70°

0%

Friday

07/04/2025

Clear

96° / 67°

0%

Saturday

07/05/2025

Clear

96° / 68°

0%

Sunday

07/06/2025

Clear

99° / 70°

0%

Monday

07/07/2025

Clear

101° / 71°

0%

Tuesday

07/08/2025

Clear

103° / 73°

0%