Stock Market News Today: Markets fall on hot economic data (SP500)

Consumer Discretionaryhttps://seekingalpha.com/author/andrew-hecht

U.S. stocks sold off on Tuesday, while bonds were dumped after stronger-than-expected economic data tempered expectations for further Federal Reserve interest rate cuts.

The tech-heavy Nasdaq Composite (COMP:IND) was hit the hardest, falling -1.89% to end at 19,489.68