NEW YORK (AP) — Stocks were slightly lower in early trading Tuesday as investors continued to worry about the Federal Reserve winding down its economic stimulus program and weak consumer spending in the United States.
The Dow Jones industrial average lost 43 points, or 0.3 percent, to 15,966 in the first 30 minutes of trading. The Standard & Poor's 500 index lost 3 points, or 0.1 percent, to 1,799 and the Nasdaq composite was flat at 4,045.
Stocks that depend heavily on consumer spending had some of the biggest losses in early trading. GameStop, the video game retailer, sank $1.83, or 4 percent, to $45.12, the worst decline in the S&P 500 index.
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