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Major stock indexes rose Tuesday, with the Dow Jones Industrial Average setting a record for a third straight session. Meanwhile, Treasury yields ticked lower after delayed U.S. retail sales data for December were unchanged when a rise was expected.
Investors reacted to weaker-than-expected retail sales data and grew concerned about the threat artificial intelligence poses to the financial sector.
Stocks drifted to a mixed finish after flirting with record highs. The S&P 500 fell 0.3% Tuesday after briefly rising above its all-time high, which was set a couple weeks ago.
President Donald Trump hailed a historic Wall Street milestone Friday as the Dow Jones Industrial Average closed above 50,000 for the first time, a surge he attributed to his administration's aggressive trade policies.
Headwinds are mounting for a historically expensive stock market during Trump's second, non-consecutive term.