Most stocks slipped on Wall Street, but the market hung near its highest level in 20 months following a mixed set of reports on the economy.
The S&P 500 fell 0.1 percent Tuesday, the Dow fell 0.2 percent, and the Nasdaq composite rose 0.3 percent.
KeyCorp led a slump for bank stocks after cutting its forecast for earnings from fees and other non-interest income. Gains for Apple and Microsoft helped to limit the market’s losses. Treasury yields fell following data that kept alive questions about whether the U.S. economy can pull off a perfect landing where it kills high inflation but avoids a recession….
How Major US Stock Indexes Fared Dec. 5
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