Stocks ended lower Tuesday, continuing its recent decline, investors sold speculation that the Fed may slow the pace of its economic stimulus growth-oriented sectors.
The move follows about 2% in the past two weeks retreat from seven months to rise, has been largely driven economy continued support from the central bank.
"This seems to be because, although perhaps long-term stock investors are tired moments, while the market has been trading in this range it has been failed to restore enthusiasm, and I think it invites investors' profits, said:, Service Company in Philadelphia Janney Montgomery Scott, chief investment strategist Mark Luschini.
He said, S & P 500 index seems to move slowly approaching the 50-day moving average, which represents the 1,602 or so.
"The market has taken a heavy feeling," he added.
Growth-oriented sector is one of the hardest hit, a switch, high dividend stocks from last week's profit taking. S & P financial index. SPSY telecommunications index fell 0.9 percent, while SPLRCL rose 0.9%.
Kansas City Federal Reserve Bank President Esther George, who has been a steady critic of the bond purchase plan, and voted against it, so far this year, at each Fed meeting, once again urged the Fed to reduce its active procurement. George said, slowing down will help them bond buying from the U.S. central bank's dependence on ultra-loose monetary weaning financial markets.
The Dow Jones Industrial Average fell 76.49 points, or 0.50 percent, at 15,177.54 points. Standard & Poor's 500 Index SPX was down 9.04 points, or 0.55 percent, at 1,631.38 points for the day, but still up 14.4% for the year.
The Nasdaq Composite Index IXIC fell 20.11 points, or 0.58 percent, at 3,445.26 points.
Dow fell streak ending 20 weeks Tuesday earnings.
All three indicators have dropped more than 1% during the session. Minutes from the U.S. central bank's latest meeting and Fed Chairman Ben Bernanke's remarks recently picked up since the intraday market volatility attention to the Fed may reduce the pace of its bond-buying program sooner than expected.
Market breadth was also negative, over advancers on the New York Stock Exchange fell by nearly two to one.
Dollar General Corporation (DG.N) fell 9.2% to $ 48.64, performing on the S & P 500 index's biggest percentage discount chain cut its full-year earnings forecast after the tip. The company also warned that sales growth slowdown and declining margins frugal shopper so difficult to raise prices.
Salesforce.com company (CRM.N) fell 7.9% to $ 37.80 after the company said it would spend $ 250 million marketing software maker ExactTarget Corporation (ET.N). ExactTarget shares soared 52.4 percent to $ 33.69.
Driving Salesforce.com fell as investors worried that the bid, priced at $ 33.75 a share, will depress margins in the short term. <ID:L1N0EG18Y>
While defensive sectors outperformed growth industries rally this year and more, they look less attractive this year, Goldman Sachs analysts wrote in a research report. They suggested that health care and consumer staples holdings.
Volume of about 680 million shares on the New York Stock Exchange, NASDAQ and NYSE MKT average daily trading volume of about 640 million received shares, slightly higher than this year.
Decliners topped advancers on the Nasdaq more than two to one.
 



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