US stocks slip; Home Depot falls on word of data breach; Apple gains ahead of product news

MarketsAssociated Press

U.S. stocks are moving slightly lower in midday trading, putting the market on track for its second loss in a row.

The Standard & Poor's 500 index fell five points, or 0.3 percent, to 1,996 as of noon Eastern time Tuesday.

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The Dow Jones industrial average fell 62 points, or 0.4 percent, to 17,049. The Nasdaq composite fell 13 points, or 0.3 percent, to 4,578.

Home Depot fell 1 percent after the company confirmed that its payment systems had been hacked, potentially exposing millions of shoppers who used credit and debit cards at its stores.

Apple rose 1 percent ahead of its latest product announcement.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.49 percent.