Wall Street lost some of its earlier momentum in midday trading on Tuesday but continued to hover near record territory after Monday’s US-Mexico trade breakthrough.
The S&P 500, which opened above 2,900 for the first time on Tuesday morning, was 0.1 per cent lower at 2,894.61, even while the benchmark index extended its longest bull run on record.
Real estate was the only major sector in the black, while healthcare and tech were flat. Materials and telecoms led the declines on the S&P 500, down about 0.4 and 0.3 per cent respectively.
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