Producers of metals, grains and other raw materials fell as inflation fears kept the relative value of the U.S. dollar elevated.
Gold futures closed at their second lowest level of the year.
Japanese steel maker Nippon Steel, which bought U.S. Steel last year in a controversial deal, forecast spending of $2 billion to $2.5 billion at Mon Valley Works, the American metals company's largest mill near Pittsburgh, over the next three years to replace the equipment that rolls steel.
Corning shares rose sharply after Amazon.com entered a multibillion-dollar agreement with Corning to get optical fiber, cable and connectivity solutions to support its growing data center footprint.
Write to Rob Curran at rob.curran@dowjones.com
