NEW YORK — The U.S. stock market is easing lower after another day of record highs.
The Dow Jones industrial average slipped 42 points, or 0.2 percent, to 15,986 in midday trading Tuesday.
In this Tuesday, Dec. 3, 2013, photo, traders Christopher Fuchs, left, and Matthias Roberts work on the floor of the New York Stock Exchange. World stock markets were muted Tuesday, Dec. 10, 2013 as profit taking offset mildly positive economic indicators from China. (AP Photo/Richard Drew)
The Standard & Poor's 500 index was down four points, 0.3 percent, to 1,803, just below its latest all-time high reached the day before. The Nasdaq composite fell six points, 0.1 percent, to 4,062.
Banking stocks were mostly higher after investors got some clarity on new banking regulations.
Federal regulators voted to approve the so-called Volcker Rule, which bars banks from betting on the market with their own money.
Goldman Sachs was up $2.48, or 1.5 percent, to $179.16 while Morgan Stanley was up 36 cents, or 1 percent, to $30.75.
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