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US stocks were trading slighting lower during Tuesday's mid-session with energy and industrial related stocks leading the declines.

Dow Jones Industrial Average (^DJI) was down as much as 0.6%, while S&P 500 (^GSPC) shed 0.4%. The tech-heavy Nasdaq (^IXIC) was down 0.3% despite flipping into green territory temporarily earlier in the session.

The Energy Sector ETF (XLE) led the declines in the broader market, down 1.5%. The Industrial Select ETF (XLI) was also down more than1%.

Boeing (BA) shares sank to a session low, sliding more than 7% following a Wells Fargo analyst downgrade amid increased scrutiny over the industrial giants' 737–9 Max fleet.

Semiconductor stocks rose, with Nvidia (NVDA), up than 3%. AMD (AMD) also rose more than 9% to hit a 52-week high following a series of analysts price target increases.

Meanwhile the 10-year-treasury (^TNX) yield rose to sit above 4% following cautious remarks from Federal Reserve Governor Christopher Waller.

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