Indices end lower as rate cut timing weighed


The Dow fell 396.61 points, or 1%, to 39,170.24. The S&P 500 lost 37.96 points, or 0.72%, at 5,205.81 and the Nasdaq dropped 156.38 points, or 0.95%, to 16,240.45.

NEW YORK: US stocks fell on Tuesday as investors weighed chances that the Federal Reserve could delay cutting interest rates, while Tesla shares dropped after the electric car maker posted fewer quarterly deliveries for the first time in nearly four years.

Tesla's stock dropped 4.9%, one of the biggest drags on the S&P 500 and Nasdaq.

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