Stocks Slide as Apple Drags Down Wall Street for Second Day
• Wall Street slips further from record highs as stocks fall for a second day, led by a 2.4% drop in Apple • Target stock climbs nearly 12% on higher-than-expected profits, while New York Community Bancorp rises after Monday's plunge • Treasury yields slip ahead of economic reports on the services sector, factory orders and the job market • Hong Kong stocks sink 2.6% as China sets conservative 5% GDP growth target and plans moderate deficit spending • Fed Chair Powell to testify before Congress this week, influencing rate cut expectations; traders now eye potential June cut