Dow industrials recede from 26,000 as early gains fade

  • A television screen on the floor of the New York Stock Exchange headlines the Dow Jones industrial average above 26,000, Tuesday, Jan. 16, 2018. The DJIA traded above 26,000 for the first time. (AP Photo/Richard Drew)

  • Trader Gregory Rowe, center, wears a “Dow 26,000” hat as he works on the floor of the New York Stock Exchange, Tuesday, Jan. 16, 2018. The Dow Jones industrial average traded above 26,000 for the first time. (AP Photo/Richard Drew)

Losses by industrial and technology companies helped pull U.S. stocks mostly lower in late-afternoon trading Tuesday, placing the market on course for modest losses. The slide erased some of the gains from a broad rally earlier in the day that sent the Dow Jones industrial average past the 26,000-point threshold for the first time. Health care stocks were among the gainers as investors sized up the latest company earnings and deal news.

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