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Election, Rate Hike Concerns Drag Wall Street Lower

The S&P 500 closed at its lowest in nearly four months on Tuesday amid growing concern over next week's presidential election and prospects for higher U.S. interest rates.

The Dow Jones industrial average fell 105.32 points, or 0.58 percent, to 18,037.1, the S&P 500 lost 14.43 points, or 0.68 percent, to 2,111.72 and the Nasdaq Composite dropped 35.56 points, or 0.69 percent, to 5,153.58.