The Dow Jones Industrial Average slipped firmly lower on Tuesday, adding to a recent downtrend in equity benchmarks as investors await updates on tax reform. The Dow was down about 130 points, or 0.5%, at 23,297, hitting a low of 23,271, or down 168 points at its lows of the session. The S&P 500 index slipped 0.5% at 2,572, while the Nasdaq Composite Index retreated 0.4% at 6,729. All three benchmarks opened in negative territory and were negative for the month of November. According to FactSet data, the Dow was off 0.3% in November, the S&P 500 was down 0.2%, while the Nasdaq was looking at a 0.1% decline over that period. November has traditionally been a period for stock market buying as professional investors set up their portfolios for 2018.
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