On the economic front, advance estimates of U.S. retail and food services sales for April were 497.6 billion U.S. dollars, an increase of 0.3 percent from the previous month, in line with market expectations, said U.S. Commerce Department on Tuesday. Essex Property Trust fell 3 percent to $234.69.
TECH TUMBLES: A slide in technology stocks weighed on the market. KeyCorp rose 1.5 percent.
The yield on the benchmark 10-year Treasury note rose to 3.05 percent, its highest level since July 2011. Higher mortgage rates can make it harder for would-be buyers to afford to purchase a home.
Viacom slumped 6 percent and CBS rose 4 percent after CBS sued to block efforts to force the company combine with Viacom.
US stocks dropped sharply on Tuesday after Home Depot reported quarterly sales that fell short of Wall Street's expectations and interest rates breached new highs.
The Dow lost 193 points, or 0.8 percent, to 24,706. The retail sales data suggest that consumers are spending more after a weak first quarter.
Technology and health care sector companies took some of the worst losses. Agilent Technologies slid 9.2 percent to $62.88. A move in the yield above 2.9 percent earlier this year triggered a correction for US equities. Chipmaker Nvidia fell 3.8 percent to $245.56. Brent crude, used to price global oil, added 20 cents to close at $78.43 a barrel in London.
US companies that would stand to benefit from an effort to rescue ZTE, a Chinese technology company hurt by USA tariffs, rose in early trading Monday. The euro weakened to $1.1847 from $1.1944. The Dow Jones Small-Cap Value TSM Index closed at 10,162.47 for a gain of 1.12 points or 0.01%. Silver dropped 38 cents, or 2.3 percent, to $16.27 an ounce.
In other energy futures trading, heating oil was little changed at $2.25 a gallon.
Major indexes in Europe finished mixed Tuesday. The Nasdaq climbed 8 points, or 0.1 percent, to 7,411. Britain's FTSE 100 added 0.2 percent.
He was pulled with more than three minutes remaining as the Capitals were desperate to create more offense. Hedman was left alone on the right side and sent a sizzling shot past Holtby to stretch the lead to 3-0.
The new luxury sports vehicle will be presented for the first time on 15th June 2018, on the eve of the 24-hour race. The production model of the 8 Series was developed in parallel with the M8 GTE race vehicle .
The FBI said there was no initial indication of terrorism, but the agency would continue to investigate out of caution. Pacific time of a possible explosion at a two-story building in Aliso Viejo, California.
RIA Novosti Ukraine confirmed the search of its premises and the detention of journalist Kirill Vyshinsky . RTs editor-in-chief, Margarita Simonyan , linked the raids and arrest to the opening of the bridge.
The remaining signatories to the deal-UK, France, Russia, China and Germany-have said that they will continue to enforce the deal. Denmark's Maersk Line said it had ceased acceptance of the specific cargoes blacklisted by the US Treasury this week.
The delay had prompted President Muhammadu Buhari to issue a deadline to heads of all MDAs to defend their budgets unfailingly. Details in the report indicates that the National Assembly increased the 2018 budget from N8.6 trillion to N9.120 trillion.
In 2011, the National Traffic Safety Administration (NHTSA) proposed regulation for warning systems in keyless vehicles. This can have dire consequences, as carbon monoxide can fill up a home and silently kill those inside.
Epic Games have announced the Fortnite 4.2 patch is set to drop on May 16, with downtime scheduled for 4am ET and 8am GMT. Epic Games has promised to update players once they have "a more accurate time frame".
And that was the most surprising result of the Premier League season that left United five points behind their title rivals. It is hardly what global viewers, who long admire the competitiveness and intensity of English football, want to see.
Stardew Valley Arrives on PS Vita in May
Still, it's nice to see the PS Vita get some love, even if Sony likes to pretend it doesn't exist. You've inherited your grandfather's old farm plot in Stardew Valley .
New Stalker Title Announced by Origin
We've reached out to GSC Game World for comment on what exactly we can hope to see with S.T.A.L.K.E.R. 2. GSC Game World came back to life in 2014, but instead of a new Stalker , it made Cossacks 3 .
Rare Conjoined Fawns Have Scientists Doing A Double Take
After the study wrapped up, the twins were preserved by Robert Utne and taxidermist Jessica Brooks to create a realistic display. Conjoined-twin fawns were found in a forest in Minnesota, it is the first known case of a two-headed deer found in the species.
Raptors, Bucks zero in on same top candidate
Budenholzer parted ways with the Hawks after five seasons in April, after posting a 213-197 record in charge of the team. A report says that the Milwaukee Bucks and Toronto Raptors are closing in on the same target as a future head coach.
Court fight over Iowa's new 'heartbeat' abortion law begins
Planned Parenthood and the ACLU said they hope to avoid that possibility by only challenging the law under the Iowa Constitution. The statement says that the lawsuit, filed in Iowa state court on behalf of plaintiffs Planned Parenthood of the Heartland, Dr.