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Stocks Slide, Tobacco Shares Feel The Heat 04/20/21 AT 12:13 PM Stock markets slid Tuesday, with Wall Street continuing to retreat from record highs, while shares in tobacco firms plunged on reports the US will crack down on cigarette nicotine levels. While both the Dow and the S&P 500 finished last week at new peaks and also posted their fourth consecutive weekly gains, this week has seen shares slide as the earnings season enters its second week. It seems like investors might be having a bit of a second thought up here as US earnings season starts to heat up and peak optimism is beginning to set in, said Stephen Innes of Axi.

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