05:02 PM EST, 02/10/2026 (MT Newswires) -- US equity indexes were mixed on Tuesday as an artificial intelligence tool hit shares of capital markets and asset management firms, and an unexpected pause in December retail sales growth pushed government bond yields lower.
The S&P 500 fell 0.3% to 6,941.81, and the Nasdaq Composite declined 0.6% to 23,102.47. The Dow Jones Industrial Average, however, climbed 0.1% to 50,188.14, after scaling a new peak of 50,512.79 intraday.
Utilities, materials, and real estate led the gainers, while communication services, financials, and technology were among the steepest decliners.
Altruist on Tuesday unveiled an AI tool that helps financial advisers personalize strategies for clients and create pay stubs, account statements, and other documents, Bloomberg reported, citing the company's statement. Raymond James Financial ( RJF ) sank 8.7%, among the worst performers on the Nasdaq. Charles Schwab ( SCHW ) and LPL Financial ( LPLA ) slumped 7.4% and 8.3%, respectively.
Meanwhile, retail sales unexpectedly held steady in December, the US Census Bureau said Tuesday, as consumers appeared to pull back on spending at the end of 2025 after kicking the holiday season off at a strong pace. A flat reading compares with the Bloomberg-compiled consensus for a 0.4% gain. November was left unrevised at 0.6% growth, the Census Bureau said.
Business inventories rose 0.1% in November, versus expectations for a 0.2% increase in a Bloomberg-compiled survey and a 0.2% increase in the previous month.
The quarterly US employment cost index rose by 0.7% in Q4, slower than the 0.8% gain in the previous quarter, the US Bureau of Labor Statistics reported on Tuesday. The print was below consensus for a 0.8% gain in a Bloomberg-compiled poll.
Most US Treasury yields fell intraday, with the two-year rate down 2.7 basis points to 3.45%, and the 10-year rate dropped 5.3 basis points 4.14%.
Further in company news, Datadog ( DDOG ) shares surged 14%, the top gainer on the S&P 500 and the Nasdaq, after the company reported Q4 adjusted earnings and revenue above market expectations.
S&P Global ( SPGI ) shares slumped 9.7%, the worst performers on the S&P 500, after the company's Q4 adjusted earnings missed analysts' expectations, and its 2026 adjusted earnings outlook also lagged market consensus.
In the precious metals market, gold futures slid 0.6% to $5,050.6 per troy ounce and silver futures fell 2.1% to $80.50 per troy ounce.
In the energy market, West Texas Intermediate crude oil futures slipped 0.2% to $64.27 a barrel.