Stocks Slide as Strong Economic Data Stokes Rate Hike Fears; UnitedHealth Rises on Earnings Beat

Stocks extended declines on Tuesday as hot economic data fueled expectations for higher interest rates for longer
The Dow was near flat, the S&P 500 dropped 0.3%, and the Nasdaq fell 0.2% in mid-morning trading
UnitedHealth shares rose 5% after beating earnings estimates, while Bank of America profits dropped 18%
Housing starts plunged 14.7% in March, the largest drop in 4 years, indicating cracks in the housing market
Live Nation shares fell 7% on reports the DOJ is preparing an antitrust lawsuit against the company behind Ticketmaster