“The reason it's so important is that the stronger growth is likely to support higher stock prices even in the absence of pro-growth policies from the Trump administration,” she said.
The Nasdaq composite fell 7.32 points, or 0.1 percent, to 5,849.47. The Russell 2000 index of small-company stocks recovered from an early loss and rose 0.71 points, close to 0.1 percent, to 1,361.89.
On Monday stocks made their biggest gain in six weeks. But over the last few weeks they've mostly drifted lower while bond yields have fallen to five-month lows.
The maker of Tylenol and Band-Aids lost
Prescription drug distributor
Goldman Sachs' revenue fell short of investor projections in the first quarter as its highly-regarded trading desks didn't perform as well as their competitors. The stock gave up
British Prime Minister
European stocks fell, as the vote creates even more political uncertainty in
As investors snapped up government bonds, their prices jumped. The yield on the 10-year
Investors also bought shares of companies that pay big dividends. Household goods makers like
Streaming video company Netflix sagged after it didn't gain as many subscribers in the first quarter as investors hoped. Its second-quarter profit guidance also fell short of analyst estimates. Netflix lost
Wholesale gasoline fell
The dollar slipped to
AP Markets Writer
His work can be found at http://bigstory.ap.org/journalist/marley-jay