Stocks ended sharply lower Tuesday on renewed anxiety about the prospects of higher inflation. The Dow Jones Industrial Average fell 473 points, or 1.36%, to 34,269, and the S&P 500 dropped 0.87%. At one point during the session, the Dow was down 667 points, or 1.9%. The Nasdaq declined 0.09% but came off steeper lows from earlier in the session as the market selloff broadened beyond the tech sector. Stocks in the energy, industrial and financial sectors were among the underperformers on Tuesday. "Given that equity markets are still in shouting distance of all-time highs, it is not surprising to see investors hit pause and evaluate the various catalysts for the next move higher in stock prices," said Brian Price, head of investment management for Commonwealth Financial Network. "For the time being I think that investors may remain on edge until there is more certainty from Washington regarding fiscal policy."