Dow skids nearly 170 points at its intraday low as stock-market slide gathers steam

The Dow Jones Industrial Average slipped firmly lower on Tuesday, adding to a recent downtrend in equity benchmarks as investors await updates on tax reform. The Dow was down about 130 points, or 0.5%, at 23,307, hitting a low of 23,271, or down 168 points at its lows of the session. The S&P 500 index slipped 0.5% at 2,571, while the Nasdaq Composite Index retreated 0.45 at 6,724. All three benchmarks opened in negative territory and were negative for the month of November. According to FactSet data, the Dow was off 0.3% in November, the S&P 500 was down 0.2%, while the Nasdaq was looking at a 0.1% decline over that period. November has traditionally been a period for stock-market buying as professional investors set up their portfolios for 2018.

-Mark DeCambre; 415-439-6400;

  (END) Dow Jones Newswires
  11-14-17 1711ET
  Copyright (c) 2017 Dow Jones & Company, Inc.

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