NEW YORK: Wall Street lost ground on Tuesday as investors closed the book on a remarkable year for equities, during which the US stock market was powered to record highs by the twin engines of the artificial-intelligence boom and the US Federal Reserve's first interest rate cuts in three-and-a-half years.
The three major US stock indices closed in negative territory, ending a languid, low-volume session that contrasted with the tumultuous year that preceded it.
