NEW YORK (AP) — Wall Street's record-breaking rally is running out of momentum on Tuesday after the price of gold topped $4,000 per ounce for the first time.

The S&P 500 dipped 0.4%, coming off its latest all-time high and heading for its first drop following a seven-day winning streak. The Dow Jones Industrial Average was down 158 points, or 0.3%, as of 1:34 p.m. Eastern time, and the Nasdaq composite was 0.7% lower.

Markets are taking a pause following a rush higher for many investments on hopes that the economy will remain resilient and that the Federal Reserve will continue to cut interest rates.

Tesla was one of the heaviest weights on the market and sank 1.1%. That, though, gave back only a portion of its 5.4% leap from Monday, when speculation rose that the electric-vehic

See Full Page