U.S. Stocks Fall as Tech Shares Erase RallyU.S. stocks fell, after a two-day rally for benchmark indexes, as investors assessed quarterly earnings from retailers including Staples Inc. and Home Depot Inc.

Staples tumbled 10 percent while Home Depot rose 2.4 percent. Urban Outfitters Inc. fell 4.5 percent after posting first-quarter profit that missed analysts�� estimates.

The Standard & Poor��s 500 Index slipped 0.2 percent to 1,882.26 at 9:36 a.m. in New York.

The S&P 500 climbed 0.4 percent yesterday in one of the slowest trading days of the year as Internet and small companies extended a rebound from last week��s losses. The benchmark index reached an all-time high of 1,897.45 on May 13 before a selloff in small-cap stocks spread to the broader market.

The Russell 2000 Index fell 3.3 percent over three days last week before rebounding 0.6 percent on May 16 and a further 1 percent yesterday. The gauge is 7.8 percent below its record from March. The Dow Jones Internet Composite Index rallied 2 percent over the past two days, trimming is loss for the year to 8.2 percent.

Source : Bloomberg