Stock Market Today: Weak Economic Data Weighs on Stocks

Healthcare stocks were some of the biggest gainers on Wall Street Wednesday, while tech shares lagged.

stock ticker board
(Image credit: Getty Images)

Weakness in the tech sector and strength in healthcare stocks resulted in a mixed finish for the major indexes Wednesday. 

It's already been a shaky week for stocks as recent economic data elevated worries about a potential recession this year. The latest signs of potential trouble came in the form of this morning's jobs and services sector data, both of which suggested slowing economic growth. 

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.