In the latest example of how good news for the economy can be bad for Wall Street, most U.S. stocks slumped Thursday after strong economic reports raised the possibility of interest rates staying painfully high.&nbsp;


<div class="paywall-container">
<div class="textbox">
<h4 style="padding: 0 0 20px"> <a href="https://checkout.bostonherald.com/?&amp;g2i_or_o=Internet&amp;g2i_or_p=mg2pw20&amp;g2i_source=MD&amp;g2i_medium=sspw&amp;g2i_campaign=MG2PW20-sspw&amp;returnUrl=https3A2F2Fwww.bostonherald.com2F">Subscribe</a> to continue reading this article.</h4>
<h4> Already subscribed? <a href="/2024/05/23/ticker-market-takes-a-hit-on-rate-concerns-mortgage-rates-dip-below-7//login?&amp;returnUrl=https%3A%2F%2Fwww.bostonherald.com%2F2024%2F05%2F23%2Fticker-market-takes-a-hit-on-rate-concerns-mortgage-rates-dip-below-7%2F">To login in, click here.</a></h4>
</div>
</div>


In the latest example of how good news for the economy can be bad for Wall Street, most U.S. stocks slumped Thursday after strong economic reports raised the possibility of interest rates staying p…{ai:summary}<p>Stocks dragged down by strong economic reports, hinting at high interest rates. Wall Street takes a hit. #economy</p>

Ticker: Market takes a hit on rate concerns; Mortgage rates dip below 7%

Subscribe to continue reading this article.

Already subscribed? To login in, click here.

Loading...