Stock market today: Wall Street opens lower, a day after a rare gain


Source: baytoday.ca baytoday.ca

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NEW YORK (AP) — Wall Street is back to falling on Tuesday, even as pressure from the bond market relaxes a bit. The S&P 500 was 0.7% lower in early trading, coming off a rare gain and on track for its fifth drop in six days. The Dow pulled back 176 points and the Nasdaq composite fell 0.8%. Stocks have tumbled this month, which is on track to be their worst of the year, as the realization sets in that the Federal Reserve will keep interest rates high for a long time as it tries to push inflation lower. Treasury...