The blue-chip Dow briefly hit a record high on Tuesday, aided by a rise in Home Depot's shares after the retailer kept its annual forecasts intact, while caution dominated the overall mood ahead of a Federal Reserve conference later in the week.

U.S. stocks traded lower in choppy trading Monday afternoon, as investors watched the meeting between U.S. President Donald Trump and Ukraine President Volodymyr Zelensky. The Dow Jones Industrial Average fell 65.