U.S. stocks pared early declines Tuesday, while Treasury bond yields and the dollar eased from recent multi-week highs, as investors peeled away from risk markets amid concern for the impact of central bank tightening on global rate markets.
Big Lots shares plunged lower Friday after the discount retailer posted a surprise first quarter loss amid what it called "significant" cost and margin pressures brought by the fastest U.S. inflation in more than forty years.