Wall Street Wobbles a Day After Tumbling Into Bear Market

Wall Street Wobbles a Day After Tumbling Into Bear Market
Traders work on the floor at the New York Stock Exchange in New York on June 14, 2022. Seth Wenig/AP Photo
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NEW YORK—Wall Street is wobbling between gains and losses Tuesday in its first trading after tumbling into a bear market on worries about a fragile economy and rising rates.

The S&P 500 was 0.1 percent higher in early trading after a couple big companies flexed financial strength with stronger profits and payouts to shareholders. It was an unsteady gain, though, with the index swinging between a 0.1 percent loss and a 0.8 percent rise within the first half hour.