Wall Street pared losses in late afternoon on Tuesday, with indexes down less than 1 percent.

The Dow Jones industrial average was down 97.63 points, or 0.81 percent, at 11,895.53. The Standard & Poor's 500 Index was down 9.94 points, or 0.77 percent, at 1,286.45. The Nasdaq Composite Index was down 25.13 points, or 0.93 percent, at 2,675.84.

(Reporting by Angela Moon, Editing by Kenneth Barry)