U.S. stocks close lower


NEW YORK, Sept. 1 (Xinhua) -- U.S. stocks ended lower on Tuesday.

The Dow Jones Industrial Average fell by 419.02 points, or 0.79 percent, to 52,766.88. The S&P 500 sank 54.67 points, or 0.71 percent, to 7,631.47. The Nasdaq Composite Index shed 271.12 points, or 1.03 percent, to 26,099.77.

Seven of the 11 primary S&P 500 sectors ended in red, with consumer discretionary and industrials leading the laggards by dropping 1.89 percent and 1.39 percent, respectively. Meanwhile, energy and utilities led the gainers by adding 1.54 percent and 0.85 percent, respectively.

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