Major U.S. stock indexes closed mostly lower Tuesday, as the market gave up some of its gains from the past two weeks.
The selling, which lost some of its momentum in the final hour of trading, came as investors weighed the impact of the virus outbreak in China on Apple and other major companies.
Tech companies and banks led the selling. Utilities and communication services stocks held up well.
The S&P 500 index fell 0.3% to 3,370.
The Dow Jones Industrial Average slid 165 points, or 0.6%, to 29,232.
The Nasdaq inched up less than 0.1%. Bond yields fell.