REUTERS: U.S. stocks took a breather on Tuesday, weighed down partially by losses in healthcare stocks, after a rally driven by hopes of a trade truce between Washington and Beijing propelled the three main indexes to record highs a day earlier.
Wall Street's rally this month has been bolstered by hopes of a resolution to the trade war, along with a largely better-than-expected third-quarter earnings season and an upbeat October jobs report. Over three-quarters of the S&P 500 companies that have reported results so far have beaten profit expectations, Refinitiv data showed.
Shares of Tapestry Inc reversed course to fall 4.45per cent after the Coach handbag maker forecast second-quarter profit below expectations.
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