Wall Street closes lower on stimulus scale back

U.S. stocks closed slightly lower on Tuesday trading session as rising government yields started debate over the Federal Reserve bond-buying program and its possible tapering after recent favourable economic data. The Dow Jones Industrial average fell 0.21% to 15,750.67, the Standard & Poor's 500 Index dipped 0.24% to 1,767.69 and the Nasdaq Composite Index added 0.13% to 3,919.92.