News > Wall St slips in choppy trading ahead of inflation data

Wall St slips in choppy trading ahead of inflation data

The Free Press Journal | 10/05/2022 11:12 PM | Click to read full article

Wall Street's main indexes fell in volatile trading on Tuesday dragged down by banks and some megacap growth stocks as investors fretted over prospects of aggressive monetary tightening and slowing economic growth.

Eight of the 11 major S&P sectors declined, led by a 1.3% fall in financial stocks and a 2.4% dip in real-estate shares.