07-01-2025 20:47 via kfor.com

Stock market today: Wall Street sinks following good news on the economy

NEW YORK (AP) — Good news on the U.S. economy isn't always good for Wall Street, and the stock market is sinking Tuesday following better-than-expected reports on the job market and business activity.
The S&P 500 swung to a loss of 0.7% after giving up an earlier gain. The Dow Jones Industrial Average was down 45 points, or 0.1%, as of 2:30 p.m. Eastern time, while the Nasdaq composite sank 1.4%.Stocks stumbled under the weight of rising yields in the bond market, which jumped immediat
Read more »