Dow ends down nearly 300 points, Nasdaq extends losing streak to fifth day

Stocks ended lower Tuesday, unable to sustain early gains scored after data showed the August Consumer Price Index rose less than expected. Analysts said concerns about signs of cyclical inflation pressures and concerns about profit margins if companies struggle to pass on higher input costs may have contributed to the weaker tone. The Dow Jones Industrial Average DJIA, -0.84% fell around 292 points, or 0.8%, to finish near 34,578, according to preliminary figures, while the S&P 500 SPX, -0.57% gave up around 26 points, or 0.6%, to close near 4,443. The Nasdaq Composite COMP, -0.45% declined around 68 points, or 0.4%, ending near 15,038.

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