NEW YORK (AP) — Stocks drifted to a mixed close on Wall Street, as steadying Treasury yields help calm the market following its worst tumble in months.
The S&P 500 slipped 0.2% Tuesday. It's coming off Monday's 2.1% drop, which came on the heels of its first losing week in the last five.
Volatility has returned to Wall Street following what had been a strong summer as worries rise about how aggressively the Federal Reserve will raise interest rates.
Recent comments from Fed officials have cooled hopes for a less forceful Fed.
Yields fell Tuesday following some weaker-than-forecast readings on the economy.