NEW YORK — U.S. stock indexes slipped on Tuesday following the latest discouraging signal on the U.S. economy.

The Standard & Poor’s 500 fell 0.5%, coming off a whipsaw stretch where it went from its worst day since May to its best since May. The Dow Jones Industrial Average dropped 61 points, or 0.1%, and the Nasdaq composite fell 0.7%.

A weaker-than-expected report on activity for U.S. businesses in services industries like transportation and retail added to worries that President Trump’s tariffs may be hurting the economy.

But increased hopes for coming cuts to interest rates by the Federal Reserve, along with a stream of stronger-than-expected profit reports from U.S. companies, helped to keep the losses in check. The S&P 500 remains within 1.4% of its record.

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