U.S. stocks are drifting around their records on Tuesday as Wall Street's white-hot rally lets off the accelerator.The S&P 500 was down 0.2% in midday trading, a day after rising tech stocks helped it set an all-time high for the 54th time this year.

U.S. stocks are hanging near their records on Tuesday as Wall Street takes Donald Trump’s latest talk about tariffs in stride.

Wall Street stocks were muted on Tuesday after the S&P 500 and the Nasdaq hit record high levels in the last session. At the opening bell, the Dow Jones Industrial Average fell 12.4 points, or 0.03 per cent,