NEW YORK—Wall Street fell sharply Tuesday as it focused on the downside of a surprisingly strong job market.
The S&P 500 dropped 1.4 percent to its lowest point in four months. The Dow Jones Industrial Average tumbled 430 points, or 1.3 percent and wiped out the last of its gains made for the year so far. Some of the heaviest losses came from Big Tech stocks, which sent the Nasdaq composite to a market-leading loss of 1.9 percent.
