U.S. stocks moved lower in afternoon trading Tuesday, as traders seized on the final day of the quarter to do some profit-taking. Industrial and health care stocks were among the biggest decliners. Oil prices extended their slide. Investors weighed positive economic data on housing and consumers with concerns over the possibility of a deeper slide in oil prices.
The United States warned Tuesday that a midnight deadline to agree the outlines of a deal aimed at stopping Iran obtaining nuclear weapons may be missed, saying marathon talks in Switzerland may stretch into Wednesday. In Israel, Prime Minister Benjamin Netanyahu issued his third broadside against the deal in as many days, saying it will "pave the way" to an Iranian nuclear bomb. As Russian Foreign Minister Sergei Lavrov returned to the negotiations in Switzerland, an Iranian negotiator said progress was being made, but "slowly". With an army of technical and sanctions experts having beavered away late into the night, the two sides are hoping to lay the groundwork for ending the 12-year-old crisis over Iran's nuclear ambitions.
ABUJA, Nigeria (AP) — Former military dictator Muhammadu Buhari's spokesman told The Associated Press on Tuesday that Buhari has won Nigeria's presidential election but fears his victory could be stolen by "tricks" from the government.