Wall Street Slows Down After Record Highs

US stocks are experiencing a slight decline after recent record highs. The S&P 500 dipped, while the Dow Jones and Nasdaq also fell. Tesla's market influence contributed to the drop, amid tensions between Elon Musk and Donald Trump. Treasury yields remain steady, awaiting economic reports.

US stocks edged lower on Tuesday as Wall Street's recent robust momentum showed signs of waning. This comes after benchmark indices achieved record highs on consecutive days.

The S&P 500 slipped by 0.3%, indicating its first potential loss in four days. Concurrently, the Dow Jones Industrial Average fell by 30 points, and the Nasdaq Composite saw a 0.4% decline.

Tesla was a significant drag on the market, influenced by a deepening rift between its CEO, Elon Musk, and President Donald Trump. Meanwhile, Treasury yields held steady as investors awaited key economic reports on manufacturing and job openings.

(With inputs from agencies.)