NEW YORK (AP) — Wall Street slipped, sending the S&P 500 down 0.2%. Disney was one of the heaviest forces dragging the market lower on Thursday after it lost streaming subscribers during the latest quarter.

Some banks beaten down by the industry's mini-panic also came under pressure. PacWest tumbled after disclosing a flight of deposits last week.

In the bond market, Treasury yields slipped after another report suggested inflation is slowly heading toward normal. That and a report suggesting an uptick in layoffs bolstered expectations that the Federal Reserve will hold off on hiking interest rates at its next meeting.