NEW YORK—Wall Street slipped Wednesday following another signal that it may have gotten too optimistic about when the Federal Reserve will deliver the cuts to interest rates that traders crave so much.
The S&P 500 fell 26.77 points, or 0.6 percent, to 4,739.21. It’s the second straight stumble for the index after it closed out its 10th winning week in the last 11 near its all-time high.
