Stocks wobble following strong report on US manufacturing
Stocks wobbled between small gains and losses on Wall Street Tuesday afternoon as investors returned from a three-day holiday weekend and digested a report showing more growth in manufacturing as the coronavirus pandemic wanes in the U.S.
The S&P 500 index slipped 0.1% as of 1:05 p.m. Eastern. The Dow Jones Industrial Average rose 24 points, or 0.1%, to 34,554 and the Nasdaq slipped 0.2%.
Banks were among the biggest gainers as bond yields ticked higher, which allows them to charge more lucrative…
