(CNBC) — U.S. stocks closed lower on Tuesday, pulling back from record highs set earlier in the session, as investors weighed the possibility of a government shutdown.
The Dow Jones industrial average ended less than 10 points lower. At its session highs, the index traded above 26,000 and 283 points higher. The Dow also posted its biggest one-day reversal since Feb. 10, 2016.
The S&P 500 closed 0.4 percent lower. The index had traded above 2,800 for the first time earlier in the session. The Nasdaq composite also erased gains, finishing 0.5 percent lower.
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