Despite strong profits, travel stocks experience a decline.

The Wall Street rally this year experienced a slight setback as most stocks fell on Tuesday following a mixed set of earnings reports from US companies. The S&P 500 closed down 0.3%, losing 12.23 points, ending its fifth consecutive winning month at 4,576.73. The Nasdaq composite also dipped by 0.4%, sinking 62.11 points to 14,283.91. However, the Dow Jones Industrial Average managed to squeeze out a gain of 71.15 points, or 0.2%, reaching 35,630.68, despite weakness in most of the stocks within it. According to the AP, the market was dragged lower by travel-related stocks, which gave up some of the gains they made earlier in the year.

Norwegian Cruise Line reported stronger-than-expected profit and revenue for the spring, yet its stock dropped 12.1%. Despite seeing an 80% increase in stock value through Monday, the cancellation of a partnership with American Airlines led to a halving of JetBlue Airways’ nearly 20% year-to-date gain, as its stock sank by 8.3%. Furthermore, Molson Coors Beverage’s revenue for the spring fell short of expectations, causing its stock to fall by 4.7%, even though its profit exceeded forecasts. However, Caterpillar and Arista Networks were among the winners on Wall Street, with Caterpillar rising 8.9% after surpassing analysts’ earnings forecasts for the spring, and Arista Networks jumping 19.7% after exceeding expectations for profit and revenue in the latest quarter.

Concerns have been mounting about overinflated expectations for the US stock market, which witnessed a 19% surge in the S&P 500 through July this year. Molson Coors Beverage was not the only stock to struggle with high expectations on Tuesday, but investors also expressed worry about the broader market trend.