Tuesday, the Dow was down 61.85 points (0.29%) at 21,467.14, the NASDAQ lost 50.98 points (0.82%) to finish at 6,188.03, and the S&P 500 closed 16.43 points (0.67%) lower at 2,437.03. The Russell 2000 fell 15.12 points (1.07%) to 1,402.96, and the Wilshire 5000 decreased 141.62 points (0.56%) to 25,294.88.

The price of the 10-year Treasury note increased 10/32, bringing its yield down to 2.156%. The price of the 30-year Treasury bond climbed 1 3/32, decreasing its yield to 2.735%.

ON THIS DATE: In 1788, the U.S. Constitution went into effect when New Hampshire became the ninth state to ratify it. In 1834, Cyrus McCormick patented the first practical mechanical reaper for farming. His invention allowed farmers to more than double their crop size. In 1859, Andrew Lanergan received the first rocket patent. In 1893, the Ferris Wheel was introduced at the World’s Columbian Exposition in Chicago. In 1938, U.S. President Franklin Roosevelt signed the $3.75 billion Emergency Relief Appropriation Act. In 1939, Lou Gehrig quit baseball due to illness. In 1963, in St. Louis, Bob Hayes set a record when he ran the 100-yard dash in 0:09.1. In 1963, France announced it was withdrawing from the North Atlantic NATO fleet. In 1989, the U.S. Supreme Court ruled that burning the American flag as a form of political protest was protected by the First Amendment.

WEDNESDAY WISDOM: “No one appreciates the very special genius of your conversation as the dog does.”—Christopher Morley, American journalist