By DAMIAN J. TROISE
NEW YORK (AP) — Stocks edged lower in unsteady trading on Wall Street Tuesday as investors closely watch developments in China and economic data amid worries about stubbornly hot inflation.
The S&P 500 fell 0.4% as of 12:04 p.m. Eastern and was roughly split between gainers and losers. The Dow Jones Industrial Average fell 110 points, or 0.3%, to 33,737 and the Nasdaq fell 0.6%.
Small-company stocks were mostly higher. The Russell 2000 rose 0.4%.
Energy stocks rose as U.S. crude oil prices climbed 1%. Valero rose 1%. Several big health care and technology stocks fell and weighed on the broader markets. UnitedHealth Group slipped 1.3% and Apple slipped 1.8%.
Bond yields gained ground. The yield on the 10-year Treasury, which influences mortgage rates, rose to 3.72% from 3.68% late Monday.
Markets in Europe were mixed and markets in Asia rose broadly.
Hong Kong’s benchmark index jumped 3.5% as protests in…
