Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.

Stocks fell sharply and bond yields spiked on Tuesday after the latest services industry and job openings data cast further doubt on future interest-rate cuts. The Dow Jones Industrial Average slid ...

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Good news on the U.S. economy isn't always good for Wall Street, and the stock market is sinking Tuesday following better-than-expected reports on the job market and business activity.