NEW YORK (AP) — Good news on the U.S. economy may no longer be good for Wall Street, and the stock market is feeling pressure on Tuesday from better-than-expected reports on the job market and business activity.
The S&P 500 swung to a loss of 0.7% after losing an earlier, small gain. The Dow Jones Industrial Average was down 45 points, or 0.1%, as of 11:55 a.m. Eastern time, while the Nasdaq composite sank 1.4%.
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