U.S. stock indexes extended declines Tuesday as investors weighed fears about the outlook for interest rates against optimism surrounding China’s reopening.
The S&P 500 dropped 57.58 points, or 1.4%, to 3941.26, while the Dow Jones Industrial Average fell 350.76 points, or 1%, to 33596.34, and the technology-heavy Nasdaq Composite slid 225.05 points, or 2%, to 11014.89.