Keeping indexes in check was GE Aerospace, which tumbled 9% and was the heaviest weight on the S & P 500. The company, which began trading independently this spring after splitting off from the former conglomerate General Electric, reported stronger profit for the latest quarter than analysts expected, but its revenue fell short of forecasts.

U.S. stocks are slipping again as Wall Street’s record-breaking rally loses more momentum. The S&P 500 was 0.4% lower in Tuesday morning trading and on track for its first back-to-back loss in a month and a half.

Last week, RBC Capital's Paul Treiber boosted his fair-value assessment of Shopify to $100 per share, well up from his preceding level of $85. In doing so, he maintained his outperform (read: buy) recommendation, as the new price target sits a comfortable 21% over the stock's most recent closing price.

Strategists said they changed their price target after a meeting with Huang. The Nvidia CEO spoke of the company's advantage over other chipmakers, and the bank said that Nvidia's "competitive moat" is built on the firm's installed base, its innovation, and its "robust and growing" software offerings.

U.S. stocks are pulling back from their all-time highs as some of the steam comes out of Wall Street’s long, record-breaking rally.

U.S. indices are down in premarket trading as Wall Street’s record-breaking rally appeared to lose some steam despite strong quarterly performances from high-profile companies

Inflation is falling, productivity is rising, and the Fed is likely to cut rates, but forecasters warn not assume that means stocks keep rising.

Asian shares outside of China are lower in cautious trading ahead of earnings reports both in the region and overseas, after Wall Street's long, record-breaking rally ran out of steam.