NEW YORK -- Profit-taking and disappointing producer price news combined to tamp down all major U.S. indexes Tuesday in mid-morning trading.
The Dow Jones industrial average fell 46.41 or 0.44 percent to 10,503.83. The Nasdaq composite slipped 15.85 or 0.76 percent to 2,078.24, and the Standard & Poor's 500 declined 5.63 or 0.48 percent to 1,178.18.
The producer price index, a measure of wholesale inflation, rose 1.7 percent in October after rising 0.1 percent in September. That was the biggest rise in 14 years and reflected the sharp recent run-up in energy prices.
The 10-year Treasury note fell 7/32, or $2.19 for each $1,000 invested, for a 4.21 percent yield.
The dollar edged up against the yen to 105.46 from 105.31, while the euro rose to $1.296 from $1.2944.
Tokyo's Nikkei 225 fell 65.82 points or 0.6 percent to 11,161.75.
