Stocks Sink in Tuesday Trading

U.S. stocks dropped across the board on Tuesday. + The S 500 traded 1.7% lower as of midday in New York. All 11 of its sectors were in the red. + The Dow industrials slipped 1.6%, or about 560 points. + The Nasdaq Composite lost 2.1%. + The 10-year Treasury yield rose to 3.917%. Hot economic data [sent both stock and bond investors scurrying](https://www.wsj.com/livecoverage/stock-market-today-02-21-2023/card/yields-keep-soaring-after-hot-economic-data-Spa1XJctKoDs99Pu4DPF) by adding to worries