Stocks began the new month in the red as uncertainty over the upcoming presidential election weighed on Wall Street. Most polls show Democratic candidate Hillary Clinton leading a narrower race. Manufacturing activity in the U.S. in October improved by slightly more than expected. A comeback in manufacturing has been welcome after a higher U.S. dollar and low oil prices stunted growth for months. Construction spending in September showed a surprise decrease. Private nonresidential construction weighed on the total as commercial and manufacturing building activity declined. August's number was also revised to show a smaller increase. Gannett (GCI) jumped after abandoning its bid to purchase newspaper publisher Tronc (TRNC) . The two had failed to reach an agreement on price after months of talks. Tronc shares slumped on Tuesday. TheStreet's Keris Lahiff reports from Wall Street.
More from Video
One Tweet Pulls the Rug Out From Under the Indexes
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.