The Dow Jones reversed to the upside. The other indexes fell over in afternoon trading and the Nasdaq led the downside.
The stock market could not sustain the momentum from Monday's positive reversal and took losses of more than 2% in the first half-hour of trading.
Steel Dynamics kicked off a big week of steel stock earnings with Nucor and U.S. Steel to follow. Can STLD, NUE and X rebound?