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Wall Street Dips Again Tuesday, Home Sales on the Rise

iStockphoto/Thinkstock(NEW YORK) -- Wall Street followed Monday's losses with another slide on Tuesday, when all three major indices fell.

The Dow Jones Industrial Average dropped 119.13 to a finish of 16,818.13.

The Nasdaq closed at 4,350.36, 18.32 lower than it opened, while the S&P 500 dipped by 12.63, ending the day at 1,949.98.

The U.S. Commerce Department reported on Tuesday that home sales rose to their highest point since May 2008, with the median home sale price landing at $288,000.


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