Dow falls more than 150 points as rally to record highs takes a breather; European markets close lower as vaccine rally stalls; easyJet shares fall 
U.S. stocks fell on Tuesday as the market’s recent rally cooled off amid a sharp decline in drug store shares and disappointing economic data. The Dow Jones Industrial Average dropped 167.09 points, or 0.6%, to close at 29,783.35. The S&P 500 dipped 0.5% to 3,609.53, while the Nasdaq Composite fell 0.2% to 11,899.34. 
Shares of pharmacy owner CVS Health and Dow-member Walgreens Boots Alliance dropped after Amazon launched a pharmacy business, which allows free delivery of medications for Prime members. Walgreens shares dropped 9.6% and CVS lost 8.6%. Amazon shares gained 0.2%. 
Home Depot added to the decline, falling 2.5% despite a third-quarter earnings beat. Its sales also surged about 24% compared with a year ago as pandemic home improvement buying continued. Walmart dipped as well, closing 2% lower even after posting better-than-expected results for the previous quarter. 
Sentiment also took a hit after data showed retail sales increased less than expected in October. Retail sales rose 0.3% last month, versus a 0.5% gain expected by economists polled by Dow Jones. 
Tesla shares bucked the market’s negative trend, jumping 8.2% after S&P Dow Jones Indices said the electric car maker would join the S&P 500 index, effective Dec. 21. It was a long anticipated move for the surging stock. Before Monday, the shares had already more than quadrupled this year. 

European stocks closed lower on Tuesday despite a backdrop of more positive coronavirus vaccine news from Moderna. The pan-European Stoxx 600 closed down by around 0.2% provisionally, with travel stocks shedding 1.1% to lead the losses as the majority of sectors and major bourses slid into negative territory. 
Corporate earnings remained on the agenda, with easyJet reporting on Tuesday that revenue fell more than 50% in the year to the end of September as the coronavirus pandemic severely impacted the travel industry. 
Imperial Brands shares gained more than 7% after issuing a strong 2021 profit outlook, while Intermediate Capital saw its shares climb almost 8% by the afternoon after posting a 29% rise in first-half profit before tax. 

BELEX15 was up 0.36% as Komercijana gained over 5%, while NIS, Belgrade Airport and Impol added 0.53%, 1.1% and 3.5%, respectively. The most active name was NIS with RSD 0.3m in volume. 
Source: CNBC, Ilirika