Wall Street slips following latest signs of slowing economy

Wall Street slips following latest signs of slowing economy
NEW YORK — Stocks on Wall Street mostly slipped Wednesday following the latest signals that the U.S. economy is slowing under the weight of much higher interest rates. The S&P 500 dipped 10.22 points, or 0.2%, to 4,090.38 a day after it broke a four-day winning streak. The Dow Jones Industrial Average rose 80.34, or 0.2%, to 33,482.72, and the Nasdaq composite dropped 129.47, or 1.1%, to 11,996.86. Yields also fell in the bond market following weaker-than-expected reports on the health of U.S. services industries and the job market. They’re the latest signs that the economy is losing momentum following…

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