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U.S. stock indexes fell Tuesday as July retail sales declined and concerns about slowing global economic growth intensified.

 

The Dow Jones Industrial Average fell 282.12 points, or 0.8%, to 35,343.28. The S&P 500 shed 0.7% to 4,448.08, and the Nasdaq Composite lost 0.9% to 14,656.18.

The Dow and the S&P 500 each snapped 5-day winning streaks. Tuesday’s losses came after the two indexes closed at record highs in the prior session

Retail sales declined 1.1% in July, a steeper drop than the 0.3% dip expected by economists surveyed by Dow Jones and a reversal from June’s 0.7% increase.

Disappointing economic data from China on Monday intensified concerns about a slowdown in global growth.

Meanwhile, technology names trended lower.

 

Dow futures fall slightly after 30-stock average snaps 5-day winning streak

Dow futures slipped slightly in overnight trading on Tuesday after the 30-stock average snapped a 5-day winning streak in the regular session.

Dow futures fell 50 points. S&P 500 futures dipped 0.1% and Nasdaq 100 futures dropped 0.15%.