Stock Market Today, Aug. 14: Rally Stalls on Disappointing Consumer Data, Broadcom Falls 6%

The stock market rally stalled on August 14th as disappointing consumer data led to declines in the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average. Broadcom's stock fell 6% due to questions about a large debt financing vehicle, and concerns about consumer confidence and spending also impacted investor sentiment. Rising interest rates on government bonds, reflecting inflation fears, further contributed to market caution.