US Equities Decline Amid Sector-Wide Losses

US equities closed lower on Tuesday as losses in key sectors weighed on shares.

The Dow Jones Industrial Average declined by 1.17%, while the S&P 500 fell 0.58% and the NASDAQ Composite dropped 0.32%.

Caterpillar Inc topped the gainers, rising 1.05% or 8.54 points to $822.48 at close, followed by Unitedhealth Group up 0.93% or 3.70 points to $400.84 and Chevron Corp up 0.67% or 1.40 points to $210.00 in late trade.

In contrast, Amgen Inc led the losers with a decline of 10.08% or 44.06 points to $393.17 in late trade, followed by Salesforce Inc down 3.86% or 10.01 points to $249.22 and Home Depot Inc down 2.29% or 7.35 points to $313.70.