Investors also awaited high-level talks between China and the U.S. set to commence this week in Washington.
"A little bit of today's jitters are related to a hangover to yesterday's wrongly placed exuberance that a trade deal was imminent, and the reality is we are in for a long slugfest between the USA and China", said Jon Mackay, investment strategist at Schroders North America in NY.
"A combination of firm growth and higher interest rates is unnerving", said Anthony Chan, chief economist for Chase in NY. "Longer term, we believe these trade issues will be resolved but on a day-to-day basis they lead to some consternation from investors".
The surge came after the Commerce Department said retail sales climbed 0.3 percent in April and revised March sales growth upward, to 0.8 percent from 0.6 percent.
Home Depot dropped 1.4 percent to $187.98 after the home-improvement retailer reported weaker-than-expected sales, partly because of inclement weather, and said the second quarter got off to a slow start.
The yield on 10-year US Treasury notes jumped to its highest level since July 2011, suggesting an uptick in inflation and sending the dollar index to its highest close in 2018. The Dow Jones Small-Cap Value TSM Index closed at 10,162.47 for a gain of 1.12 points or 0.01%.
The Russell 2000 index of smaller-company stocks gave up 6.45 points, or 0.4 percent, to 1,600.34. On Monday it rose 35 cents to settle at $71.31 a barrel. Gold fell $27.90, or 2.1 percent, to $1,290.30 an ounce.
Among the S&P industry groups, the rate-sensitive real estate space ended at the bottom of the standings with a 1.7% loss, including a 3.8% rout in the iShares U.S. Home Construction ETF.
Mexico's economy minister said he saw diminishing chances for a new NAFTA ahead of a May 17 deadline to present a deal that could be signed by the current U.S. Congress. In Japan, the Topix index was off 0.2%.
MSCI's gauge of stocks across the globe shed 0.86 per cent amid weak economic data from Germany and China. Brent crude, used to price global oil, added shed 8 cents to $78.35 a barrel in London.
The difference between the two benchmarks briefly widened to more than $8 a barrel, the widest gap since April 2015, reflecting surging USA crude supplies and a greater geopolitical risk to Brent-based crudes. "A stronger dollar means downward pressure".
The victim is now outside the country and is legitimately concerned for his safety when he returns, according to the police. But things escalated quickly - police say Ades started texting the man constantly. sending more than 65,000 text messages .
President Trump is making rash and risky moves that promise either brilliant success or catastrophic failure. "I hope Mr. In rejecting the Iran deal, Mr Trump equated Iran's right to a civilian nuclear programme as a path to a nuclear weapon.
Referred to as "market cap", it is determined by doubling a company's shares outstanding by the current market price of one share. In other Nvidia news, Director Persis Drell sold 5,141 shares of the firm's stock in a transaction dated Wednesday, March 28th.
The election came as Iraq is struggling to bring down soaring unemployment and reintegrate its disenfranchised Sunni minority. Iraqi officials say the strikes are being conducted in coordination with - and with the approval of - the Syrian government.
Just a couple of days after getting married to longtime boyfriend Anand Ahuja, Sonam has returned to her work commitments. From the past eight years, Sonam has been attending the festival and ruling the hearts of people with her avatars.
Ryan Reynolds says that he speaks about his lifelong battle with anxiety publicly to help destigmatise mental health topics. But when it was Josh Brolin's turn to hype up the film, who plays the baddie Cable, he went in a very different direction.
Frank Pallone Jr., D-N.J., introduced the Gaming Accountability and Modernization Enhancement Act, or GAME Act. Supreme Court ruling on sports gambling could begin a "land rush" for states to enact sports wagering laws.
Whilst both West Ham United and Manchester United's Premier League campaigns have both fizzled out in the past few weeks, giving the two sides little to play for, there is still an underlying factor in this game - David Moyes and his attempt to get revenge on the club that he claimed unfairly sacked him a few years back.
Three overs later, when Haris Sohail was caught by Ed Joyce at gully off the bowling of Boyd Rankin , the Irish camp was buzzing. Cricket Ireland have said that one or two Test matches a year will probably be the limit that the Ireland side will play.
Apple may have difficulty arguing that it was unaware of the issue until more recently, even if an instant solution was not made. The cost of replacing an affected keyboard is in the $700 range, a ridiculous price, but an unavoidable one for Apple customers.
Chris Paul elbows Kevin Durant in the butt
If you're like us, you've been waiting for this matchup between the Golden State Warriors and the Houston Rockets all year. An adversarial crowd greeted the Warriors during lineup introductions and throughout the game.
Researchers lab-test molecule that may combat common cold virus
But researchers at Imperial College London have developed a molecule known as IMP-1088 which could work around these restrictions. By contrast, the new molecule successfully blocked the several strains it was trialed against without damaging the human cells.
Boy, 7, and pilot are killed in plane crash
And this morning two engineers and a pilot from the Air Accident Investigation Unit will continues their inquiry in County Offaly. The remains of the victims are being removed to the Midland Regional Hospital, Tullamore where a postmortem is due to take place.