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October 14, 2020

Four-day rally snapped

By STAN CHOE and ALEX VEIGA
AP Business Writers

Banks and technology companies led a broad slide for stocks on Wall Street Tuesday, snapping the market's four-day winning streak.

The S&P 500 lost 0.6%, giving back some of its gains from a day earlier. The pullback in stocks comes as many forces are pushing and pulling on markets simultaneously. Coronavirus counts are rising at a worrying degree in many countries around the world, and Johnson & Johnson said late Monday it had to temporarily pause a late-stage study of a potential COVID-19 vaccine “due to an unexplained illness in a study participant.”


 
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