US Stocks Slide as Earnings Reports for Companies Begin

US Stocks Slide as Earnings Reports for Companies Begin
People walk past the New York Stock Exchange in New York on June 29, 2022. Julia Nikhinson/AP Photo
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Stocks shed early gains and ended broadly lower on Wall Street Tuesday as investors brace for a big week of news on inflation and company earnings reports.

The S&P 500 fell 0.9 percent, extending its losing streak to a third consecutive day. All of the benchmark index’s 11 company sectors closed in the red.