landsberg bennettStocks finished lower on Tuesday. The Dow fell 125 points to 25,191 while the S&P 500 lost 15 points to 2,740. The Nasdaq Composite slipped 31 points to 7,437.

The S&P 500 declined for the 12th time in 14 sessions as investors digested disappointing earnings results from the Industrial sector and lingering geopolitical concerns ranging from Italy to China. At session lows, the Dow was off more than 500 points while the Nasdaq dipped into correction territory, but equities staged an afternoon rally that pared most of the losses.

Eight of 11 sectors finished lower with Energy shares pacing the decline. The group fell 2.7% on the session in sympathy with a 4.4% drop in West Texas Intermediate crude prices. Industrials also lagged with Caterpillar retreating 7.6% to $118.98 as the company warned of rising materials costs in its quarterly release. 3M dipped 4.4% to $192.55 after missing analyst profit projections and lowering forward guidance. Communications shares outperformed with Verizon jumping 4.1% to $57.21, the highest level since 2000, after posting strong subscriber growth. Another bright spot was McDonald’s, which rose 6.3% to $177.15 after topping same-store sales expectations.

Breadth was negative on issues by roughly 7:3 on the NYSE and by 2:1 on the Nasdaq. NYSE Composite volume was more than 4.2 billion shares.

Treasuries were modestly higher along the curve with the yield on the 10-year note finishing two basis points lower to 3.17%. COMEX gold added 1% to $1,233.40/ounce.