Stocks slipped on Tuesday as Dow component Procter & Gamble Co.'s

lackluster results, coupled with weaker-than-estimated data on consumer spending and housing, prompted investors to exercise caution a day after the market's 2 percent rally.

The Dow Jones industrial average <.DJI> shed 38.00 points, or 0.36 percent, to end unofficially at 10,636.38. The Standard & Poor's 500 Index <.SPX> dropped 5.40 points, or 0.48 percent, to finish unofficially at 1,120.46. The Nasdaq Composite Index <.IXIC> fell 11.84 points, or 0.52 percent, to close unofficially at 2,283.52.

(Reporting by Angela Moon; Editing by Jan Paschal)