Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 fell 1.

Stock investors may start shunning favorable economic data, Bank of America said ahead of Friday’s release of the December U.S. jobs report. Investors have been in a ‘rates up, stocks up’ market since economic growth fears flared-up in August,