Wall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs. The S&P 500 fell 0.5% Tuesday for its fourth straight drop after setting an all-time high last week.

US stocks couldn't hold opening gains amid ongoing inflation and economic worries. Nvidia earnings and inflation data are due later this week.

Market watchers have differing opinions about the effects of tariffs and other parts of Trump’s agenda, which could prove inflationary but might also have the potential to slow growth. Stocks continued to slide on Tuesday as markets digest new data about declining consumer sentiment and investors debate the potential impacts of President Donald Trump’s economic agenda.