FOX Business: The Power to Prosper

A round of mixed global economic data, uncertain signals from Germany on whether it will back the eurozone's rescue fund and tepid earnings from aluminum giant Alcoa knocked Wall Street into the red on Tuesday.

Today's Markets

The Dow Jones Industrial Average fell 83.2 points, or 0.65%, to 12653, the S&P 500 dipped 11 points, or 0.81%, to 1341 and the Nasdaq Composite slid 29.4 points, or 1%, to 2902. 

The sectors that posted the worst performance on the day were: technology, industrial, energy and materials. On the other side of the spectrum, traditional defensive plays utilities and consumer staples managed to stay afloat. 

Oil futures were under pressure as well. The benchmark contract traded in New York fell $2.08, or 2.4%, to $83.91 a barrel. Wholesale New York Harbor gasoline slipped 0.45% to $2.747 a gallon. 

Mixed News from Europe