Stocks closed lower on Wall Street, giving up an early gain and losing momentum after a solid start to the week.
Gains by several Big Tech companies helped limit the loss in the Nasdaq. Banks and energy companies fell the most. Investors are still worried that rising inflation could eventually prompt central banks to withdraw help for the economy. Homebuilders rose following a report that U.S. home prices jumped in March by the most in more than seven years.
The S&P 500 fell 8.92 points, or 0.2%, to 4,188.13.