Wall Sreet dragged down by weak data, Ford results

The stock was the biggest drag on the S&P 500 index. Ford's dismal forecast rattled the automobile market, with shares of General Motors falling 4 percent and Fiat Chrysler 6 percent. Strong economic data had put Wall Street on a record-setting run in the past weeks, with the S&P 500 breaking its all-time high six times in 13 days.