Stocks lose ground during short, light trading day; Tesla slumps

The Standard & Poor’s 500 index fell 13.49 points, or 0.5%, to 2,713.22. The Dow Jones industrial average fell 132.36 points, or 0.5%, to 24,174.82. The Nasdaq slid 65.01 points, or 0.9%, to 7,502.67. Smaller-company stocks bucked the broader market decline. The Russell 2000 index ticked up 5.33 points, or 0.3%, to 1,660.42.

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