NEW YORK (Commodity Online): Most stocks trade under selling pressure on the NYSE as investors stay at bay from buying stocks and commodities after the Dow rose for the second time in three days on Monday.

Dow Jones traded marginally up on the bourses after falling in the initial trading hours. Stocks mostly fell in quiet trading on Tuesday, a day after the Dow Jones industrials shot up 200 points for the second time in three days.

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The stock market again took its cue from the dollar, as it has for months. It drove higher Monday as the dollar weakened and slipped on Tuesday as the currency rose.

The ICE Futures US dollar index, which measures the dollar against other currencies, rose 0.2 percent. Record-low interest rates in the U.S. and the resulting slide in the dollar have been major forces behind the surge in stocks in recent months.

A weaker dollar allows investors to borrow money cheaply, while the low interest rates also encourage them to hold any assets other than low-yielding cash, such as stocks, commodities and bonds.

The broader Standard & Poor's 500 index fell 4.24, or 0.4 percent, to 1,088.84, while the Nasdaq composite index fell 9.43, or 0.4 percent, to 2,144.63. Two stocks fell for every one that rose on the New York Stock Exchange, where volume came to 537.4 million shares, compared with 547.6 million at the same point Monday.

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