Wall Street stocks fell on Tuesday, with each of the major indexes notching their worst day in about a month as economic data and weaker-than-expected auto sales spurred concerns about growth. Shares of Ford and General Motors dropped more than 4 percent each after the two major US automakers reported July vehicle sales slightly below expectations.
The automakers' declines pulled the S&P consumer discretionary sector down 1.5 percent as the worst- performing of the 10 major S&P groups. Data showed US consumer spending rose more than expected in June as households bought a range of goods and services.
However, personal income rose only 0.2 percent, missing estimates of 0.3 percent, while inflation remained below the Federal Reserve's 2 percent target. That could keep the central bank on a cautious path to hiking interest rates.
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The automakers' declines pulled the S&P consumer discretionary sector down 1.5 percent as the worst- performing of the 10 major S&P groups. Data showed US consumer spending rose more than expected in June as households bought a range of goods and services. 
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