US tech stocks fell on Tuesday as a disappointing outlook from Texas Instruments Inc, the No 1 maker of chips for cell phones, raised concerns about the outlook for corporate profits.
Altria Group weighed on the Dow and Standard & Poor's 500 stock gauges, sliding 1 percent to $79.39, after Kraft Foods Inc, which is majority-owned by Altria, posted lower-than-expected sales growth. Kraft fell almost 4 percent to $34.94.
Earlier in the session, the Dow hit a fresh all-time peak of 12,133.80.
Texas Instruments' shares fell 3.1 percent to $30.88. On Monday, the company forecast fourth-quarter revenue below average Wall Street estimates.
The Dow Jones industrial average was down 8.56 points, or 0.07 percent, at 12,108.35. The Standard & Poor's 500 Index was down 3.17 points, or 0.23 percent, at 1,373.85. The Nasdaq Composite Index was down 16.14 points, or 0.69 percent, at 2,339.42.