Wall Street stocks ended down for a seventh consecutive session and the S&P 500 turned negative for the year on Tuesday as the wrangling over the U.S. debt ceiling faded and investors turned their attention to the stalling economy.

Based on the latest available data, the Dow Jones industrial average <.DJI> was down 265.72 points, or 2.19 percent, at 11,866.77. The Standard & Poor's 500 Index <.SPX> was down 32.90 points, or 2.56 percent, at 1,254.04. The Nasdaq Composite Index <.IXIC> was down 75.37 points, or 2.75 percent, at 2,669.24.

(Reporting by Caroline Valetkevitch; Editing by Kenneth Barry)