U.S. stocks are retreating from their records Tuesday as worries worsen about potentially escalating violence in the Middle East. The S&P 500 pulled 0.9% lower, a day after setting an all-time high for the 43rd time this year.

Wall Street dipped modestly lower in the early going Tuesday as markets await an assortment of employment data of great interest to the Federal Reserve as it sets its sights on keeping the U.S. economy healthy and growing.