Stock market today: Most of Wall Street slips following mixed data on the economy


Source: baytoday.ca baytoday.ca

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NEW YORK (AP) — Most stocks slipped on Wall Street Tuesday, but the market hung near its highest level in 20 months following a mixed set of reports that kept alive questions about whether the U.S. economy can pull off a perfect landing where it kills high inflation but avoids a recession. The S&P 500 edged down by 2.60 points, or 0.1%, to 4,567.18 for its first back-to-back loss since October. The Dow Jones Industrial Average slipped 79.88, or 0.2%, to 36,124.56, and the Nasdaq composite rose 44.42, or 0.3%, to 14,229.91. Stocks were down more sharply in Asia amid...