Midway through trading Tuesday, the Dow traded down 0.45% to 34,238.18 while the NASDAQ fell 0.53% to 14,099.27. The S&P also fell, dropping 0.25% to 4,244.45.

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 33,475,350 cases with around 599,960 deaths. India confirmed a total of at least 29,570,880 cases and 377,030 deaths, while Brazil reported over 17,452,610 COVID-19 cases with 488,220 deaths. In total, there were at least 176,329,880 cases of COVID-19 worldwide with more than 3,813,670 deaths, according to data compiled by Johns Hopkins University.

Leading and Lagging Sectors

Energy shares climbed 1.5% on Tuesday. Meanwhile, top gainers in the sector included Torchlight Energy Resources, Inc. (NASDAQ:TRCH), up 41%, and Oil States International, Inc. (NYSE:OIS), up 7%.

In trading on Tuesday, real estate shares fell 0.7%.

Top Headline

US retail sales fell 1.3% in May, following a 0.9% increase in April. However, analysts were expecting for a 0.8% decline.

Equities Trading UP

Alfi, Inc. (NASDAQ:ALF) shares shot up 63% to $5.55 after the company inked an agreement with All-Niter for the fulfillment, staging, and shipment of the first 10,000 digital tablets to countrywide Uber Technologies.

Shares of Torchlight Energy Resources, Inc. (NASDAQ:TRCH) got a boost, shooting 43% to $5.12. Torchlight declared a special dividend of Series A Preferred stock.

Clearside Biomedical, Inc. (NASDAQ:CLSD) shares were also up, gaining 32% to $3.98 after the company announced positive safety results from Cohort 1 (n=6) of OASIS Phase 1/2a trial of CLS-AX (axitinib injectable suspension) for neovascular age-related macular degeneration (wet AMD).

Check out these big movers of the day

Equities Trading DOWN

Document Security Systems, Inc. (NYSE:DSS) shares tumbled 42% to $1.6050 after the company announced it priced a $43.5 million public offering of common stock. The public offering equates to 29,000,000 shares of the company's common stock at a price of $1.50 per share.

Shares of PDS Biotechnology Corporation (NASDAQ:PDSB) were down 26% to $9.46 after the company priced its underwritten public offering of 5,294,118 shares at $8.50 per share.

Commodities

In commodity news, oil traded up 1.2% to $71.76, while gold traded down 0.3% to $1,861.10.

Silver traded down 1.2% Tuesday to $27.71 while copper fell 3.8% to $4.3530.

Euro zone

European shares were mostly higher today. The eurozone’s STOXX 600 gained 0.15%, the Spanish Ibex Index fell 0.48% and the German DAX 30 rose 0.36%. Meanwhile, the London’s FTSE 100 gained 0.39%, French CAC 40 climbed 0.43% and Italy’s FTSE MIB fell 0.04%.

The Eurozone trade surplus increased to EUR 10.9 billion in April from EUR 2.3 billion in the year-ago month. The UK unemployment rate dropped to 4.7% during the three months to April. Germany's consumer price inflation rate rose to 2.5% year-over-year in May.

Economics

The Federal Open Market Committee will start its two-day policy meeting today.

Producer prices for final demand rose 0.8% in May.

US retail sales fell 1.3% in May.

The New York Empire State Manufacturing Index dropped 7 points to a reading of 17.4 in June.

Total industrial production rose 0.8% in May.

US business inventories fell 0.2% for April.

The NAHB housing market index fell to 81 in June from 83 in each of the earlier two months.

The Treasury is set to auction 20-year bonds at 1:00 p.m. ET.

The Treasury International Capital report for April will be released at 4:00 p.m. ET.

Check out the full economic calendar here