Stocks fell on Wall Street on Tuesday following their best weekly performance of the year as investors faced continued uncertainty in the wake of Britain's decision to leave the European Union and as tumbling oil prices weighed on energy shares.
The Dow Jones industrial average fell 108.75 points, or 0.61 percent, to 17,840.62, the S&P 500 lost 14.4 points, or 0.68 percent, to 2,088.55 and the Nasdaq Composite dropped 39.67 points, or 0.82 percent, to 4,822.90.
Brent crude fell 3.9 percent and US crude lost 4.5 percent as investors worried that Brexit would slow the global economy, making it unlikely energy demand will grow enough to absorb a persistent supply glut.
The energy sector of the S&P 500 fell 1.9 percent. The materials index was also down 1.9 percent.
Tepid US data added to overall growth worries. Data showed new orders for US factory goods fell in May on weak demand for transportation and defense capital goods.
Tesla's shares fell 1.2 percent to USD 213.98 after the electric car maker missed vehicle delivery targets for the second consecutive quarter.
Declining issues outnumbered advancing ones on the NYSE by a ratio of 2.75-to-1 and on the Nasdaq a 2.67-to-1 ratio favored decliners.
The S&P 500 posted 69 new 52-week highs and one new low; the Nasdaq recorded 73 new highs and 30 new lows.
About 6.9 billion shares changed hands in US exchanges, compared with the 7.7 billion daily average over the past 20 sessions.
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