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Stocks Lower as Fed Comments Raise Chance of Near-Term Rate Hike

Stocks held lower on Tuesday as slightly more hawkish commentary from the Federal Reserve's William Dudley and Dennis Lockhart increased the chances of a near-term rate hike.

The S&P 500 was down 0.39%, the Dow Jones Industrial Average fell 0.3%, and the Nasdaq slipped 0.47%.

The losses followed another record-making trifecta for Wall Street on Monday as stocks got a big boost from another rally in crude oil. The S&P 500 and Dow hit new records, breaking the highs seen last Thursday, while the Nasdaq added to records...