Tuesday

Markets turned lower as investors, spooked by weak U.S. economic data, ditched assets that have value tied to a robust recovery. The drops were touched off by data that showed a slowdown in the auto industry caused U.S. manufacturing production to fall in April for the first time in 10 months. Overall industrial production was flat, with the weak manufacturing sector canceling out gains in mining and utilities production. Tomorrow, the Fed will release minutes from its latest policy-making meeting, which is renewing the market's focus on the end of the central bank's program to spur the recovery. DJIA -68.79 Nasdaq +.90 S&P 500 -.49.