U.S. stocks closed lower on the first trading day of the month Tuesday. In U.S. economic news, the Institute for Supply Management's (ISM) manufacturing index for October met expectations at 51.9, while construction spending data for September missed consensus. The dollar lost ground against a basket of currencies. Light sweet crude oil for December delivery fell 0.41 percent to $46.67 per barrel on the New York Mercantile Exchange, while gold futures added $14.90 to $1,288 per ounce The Dow Jones industrial average lost 105.39, or 0.58 percent, to 18,037.03. The broader Standard & Poor's 500 index dropped 14.43, or 0.68 percent, to 2,111.72. The technology-heavy Nasdaq composite index declined 35.56, or 0.69 percent, to 5,153.58.