Stocks were mostly lower on Tuesday, with technology stocks leading the way lower as investors digested commentary from Treasury Secretary Janet Yellen around the possibility of higher interest rates. The S&P 500 pared losses after dropping more than 1% at session lows, with the index trading off its all-time highs. The Dow turned slightly positive by market close. The Nasdaq underperformed, dropping 1.9% in its worst session since March as technology and growth shares added to losses. Jeff Klingelhofer, Thornburg Investment Management Co-head of Investments and Wells Fargo Investment Institute Senior Global Equity Strategist Scott Wren joined Yahoo Finance Live to discuss.
Market Recap: Tuesday, May 4: Secretary of Treasury Yellen says rates may need to be raised
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