Stocks pull back, breaking a winning streak for the S&P 500

NEW YORK (AP) — Stocks fell broadly on Tuesday as investors around the world fled risky bets on worrisome trade data out of China and a slump in the price of crude oil.

After dropping sharply earlier this year, U.S. stocks have been generally climbing as data on hiring, construction spending and manufacturing suggested the U.S. might be able to buck a slowdown abroad.

[...] Chief Investment Officer Bill Stone of PNC Asset Management Group said investors have been worried that the climb was not sustainable given trouble overseas, and the drop in oil and Chinese trade data pushed many of them to sell.

[...] stimulus moves are expected, but its unprecedented program of buying bonds and driving interest rates into negative territory has had mixed results so far.

Among U.S. stocks making big moves on Tuesday, hamburger chain Shake Shack plunged $5, or 12 percent, to $37.23 after delivering quarterly results and an outlook that disappointed investors.

In other energy markets, wholesale gasoline fell less a penny to $1.388 a gallon, heating oil dropped 2.3 cents to $1.20 a gallon and natural gas rose 2.2 cents to $1.712 per 1,000 cubic feet.