U.S. equities fell on Tuesday, with financials lagging, as uncertainty around President-elect Donald Trump's policies grew.
The Dow Jones Industrials faded 23.88 points to begin Tuesday at 19,861.85, with Goldman Sachs and UnitedHealth Group contributing the most losses.
The S&P 500 subtracted 4.7 points to 2,269.94, with financials dropping more than 1%.
The NASDAQ composite index decreased 24.93 points to 5,549.18
There are no major U.S. economic data due Tuesday, but a slew of firms reported quarterly results, including Morgan Stanley, which beat analyst expectations on both the top and bottom line. Morgan Stanley shares fell 2.3% early trade, however.
The stock market stateside has soared since the election partially on hopes of corporate tax reform, deregulation of certain sectors and more government spending. Trump's inauguration is scheduled for Friday.
Adding pressure to U.S. stocks were concerns of a hard Brexit. In a speech Tuesday, British Prime Minister Theresa May indicated the United Kingdom would seek a clean break from the European Union. She added, however, The U.K. government will put the Brexit deal it agrees with the European Union to a parliamentary vote.
Equity markets in the United States were shuttered Monday for Martin Luther King Day.
Prices for the benchmark 10-year Treasury note strengthened, lowering yields to 2.33% from Friday’s 2.4%. Treasury prices and yields move in opposite directions.
Oil prices gained 54 cents to $52.91 U.S. a barrel
Gold prices hiked $19.70 to $1,215.90 U.S. an ounce.
