Wall Street pulled lower by semis, financials

Wall Street pulled lower by semis, financials

NEW YORK (Reuters) - U.S. stocks stumbled on Tuesday after Morgan Stanley downgraded the semiconductor sector and a shake-up at two big British banks prompted investors to sell financial shares.

Losses were limited as Warren Buffett's Berkshire Hathaway agreed to buy Burlington Northern in a deal that values the railroad company at $34 billion. Burlington shares surged 28.3 percent to $97.59, boosting the industrial sector .GSPI nearly 1 percent.

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