Wall Street closes with losses and the S&P 500 falls 0.4%.

NEW YORK, New York — Stock prices fell Tuesday on the New York Stock Exchange as Wall Street lost momentum after recovering from a deep slump.

The S&P 500 fell 23.14 points, or 0.4%, to 5,940.46, its first decline in seven days. The Dow Jones industrial average fell 114.83 points, or 0.3%, to close at 42,677.24, and the Nasdaq composite fell 72.75 points, or 0.4%, to 19,142.71.

Treasury yields and the value of the U.S. dollar held relatively steady after a brief jolt Monday morning after Moody's Ratings said the U.S. government no longer deserves a top-tier credit rating due to concerns about its high debt .

Some of the worst losses in the U.S. stock market came from companies in the travel industry , as doubts persist about how much American households will be able to spend on vacations.

Airbnb fell 3.3%; Norwegian Cruise Line fell 3.9%; and United Airlines lost 2.9%. Viking Holdings fell 5% despite the company, which offers river cruises and other tours, reporting stronger results than analysts expected for the last quarter.

Home Depot fell 0.6% after reporting a profit for the start of the year that slightly missed analysts' expectations, although its revenue beat estimates. The company also said it maintains its full-year earnings and sales growth forecasts.

That contrasts with other companies that have recently said that tariffs and uncertainty about the economy are making it difficult to predict what next year will bring.

U.S. President Donald Trump has imposed tariffs on trading partners, although he has delayed or reversed many of them. Investors are hopeful that Trump will eventually roll back his tariffs after reaching trade deals with other countries, but it's uncertain whether that will happen.

On the winning side of Wall Street was D-Wave Quantum , which jumped 25.9% after launching its latest quantum computing system. The company says it can solve complex problems beyond the reach of classical computers.

The yield on the 10-year Treasury note rose from 4.46% to 4.47%. There are still concerns that Trump's tariffs could push the U.S. economy into a recession , even if it has held up well so far. If a recession were to hit, the U.S. government might have less room to offer support to the economy through large spending plans or direct stimulus checks to households than in previous recessions. That's because U.S. government debt is much higher, and it could rise further now that Washington is debating more tax cuts .

If the U.S. government can't provide as much fiscal support to the economy, that could make the next recession deeper and last longer, according to James Egelhof , chief U.S. economist at BNP Paribas . That could put more pressure on the Federal Reserve to sustain the economy on its own through lower interest rates.

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