Major U.S. stock-indexes lower on Tuesday as falling oil prices weighed on energy shares. Oil prices were down 5% as hopes for a deal between OPEC and Russia on output cuts faded with Goldman Sachs saying it was "highly unlikely".

Consumer savings from cheap gasoline have failed to translate into higher spending. U.S. consumers are opting to save or pay down debt rather than buying big-ticket items.

Most of Dow stocks in negative area (29 of 30). Top looser - The Goldman Sachs Group, Inc. (GS, -3,94%). Top gainer - E. I. du Pont de Nemours and Company (DD, +2,57%).

All S&P sectors in negative area. Top looser - Basic Materials (-3,3%).

At the moment:

Dow 16100.00 -240.00 -1.47%

S&P 500 1903.25 -28.00 -1.45%

Nasdaq 100 4231.75 -59.75 -1.39%

Crude Oil 30.22 -1.40 -4.43%

Gold 1127.50 -0.50 -0.04%

U.S. 10yr 1.88 -0.09