US stocks dip after recent gains, NASDAQ down around 1%

US stocks eased yesterday as cooling optimism about Chinese stimulus measures hit commodities like crude oil and Copper. A drop in chipmaking stocks also weighed and the US benchmarks fell from record highs. At the close in NYSE, the Dow Jones Industrial Average lost 0.75%, while the S&P 500 index fell 0.76%, and the NASDAQ Composite index lost 0.98%. The Dow and the S&P 500 reached record closing highs on Monday, with the Dow ending above 43,000 for the first time. The Nasdaq is also nearing record highs set in July.