Stock Market Today: Most of Wall Street Slips Following Mixed Data on the Economy

Stock Market Today: Most of Wall Street Slips Following Mixed Data on the Economy
A street sign in front of the New York Stock Exchange in New York on June 14, 2022. Seth Wenig/AP Photo
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NEW YORK—Most stocks slipped on Wall Street Tuesday, but the market hung near its best level in 20 months following mixed reports that kept alive questions about whether the U.S. economy can pull off a perfect landing where it snuffs out high inflation but avoids a recession.

The S&P 500 edged down by 2.60 points, or 0.1 percent, to 4,567.18 for its first back-to-back loss since October. The Dow Jones Industrial Average slipped 79.88, or 0.2 percent, to 36,124.56, and the Nasdaq composite rose 44.42, or 0.3 percent, to 14,229.91.