HANOVER, Pa. (AP) — Police shot and killed a man at a southern Pennsylvania gas station after they say he pointed a gun at officers who were trying to arrest him on an outstanding warrant.

An arrest warrant had been issued for 37-year-old Richard Bolen on aggravated assault and other charges after he was accused of “brandishing a firearm at officers” as he fled from a business Wednesday, authorities said.

Hanover police officers responded when Bolen’s SUV was spotted at a Sunoco gas station on Friday, the state police said in a news release. Police said as they entered the gas station store, Bolen ran out the back and then circled around to the front of the station while drawing a handgun, it said.

As Bolen reached the front of the gas station, he encountered more officers and pointed the gun them, and officers then fired several rounds, killing him, the agency said.

York County prosecutors asked state police to investigate, and the Hanover officers who fired were placed on administrative duty pending the outcome of the investigation, police said.

A message was left Sunday at a phone number listed as Bolen’s.

Stocks are mostly slipping as Wall Street pushes out forecasts for when interest rates will start easing from the strictest levels in two decades. The S&P 500 was down 0.2% Monday, coming off another all-time high and another winning week. The Dow Jones Industrial Average was down 163 points, and the Nasdaq composite was 0.1% lower. The sharpest action was in the bond market, where yields climbed after the chair of the Federal Reserve said again that cuts to interest rates are unlikely to begin in March. Some traders pushed out their forecasts for the first rate cut beyond May to June.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

(AP) — Wall Street inched lower before the bell on Monday while Treasury yields touched one-month highs as worries grew about the possibility that the Federal Reserve might not start cutting interest until later in the year.

Futures for the S&P 500 and the Dow Jones Industrial Average each fell more than 0.1% before markets opened.

In an interview recorded Thursday for the CBS news program “60 Minutes” broadcast on Sunday night, Federal Reserve Chair Jerome Powell said that the central bank remains on track to cut interest rates three times this year, but probably not beginning until May.

Powell’s comments largely echoed remarks he gave at a news conference Wednesday, after the Fed decided to keep its key interest rate steady at about 5.4%, a 22-year high. To fight inflation, the Fed raised its benchmark rate 11 times beginning in March 2022, causing loans for consumers and businesses to become much more expensive.

The Fed chair reiterated that the central bank’s next meeting in March was likely too soon for a rate cut in an economy where demand is strong enough for inflation to re-emerge.

On Friday, Big Tech stocks once again carried Wall Street to a record, even though the majority of stocks fell due to renewed worries about risks of a still too-hot economy.

Stocks felt pressure from much higher yields in the bond market after a report showed U.S. employers hired many more workers last month than economists expected.

That’s great for workers and helps keep the risk of a recession at bay, but it could preserve some upward pressure on inflation and lead the Federal Reserve to wait longer before it begins cutting interest rates.

Yields on the 2-year Treasury rose to 4.44% early Monday from 4.37% late Friday. Yields on the 10-year also kept climbing, to 4.09% Monday morning from 4.02% late Friday.

In equities trading early Monday, McDonald’s shares dipped less than 1%, even after the company beat Wall Street’s fourth-quarter sales and profit targets. Same-store sales came in lower than Wall Street targets however, possibly linked to protests and boycotts in the Middle East over its perceived support for Israel.

Boeing slid again after the aerospace giant said improperly drilled holes in some of its 737 fuselages could delay deliveries of about 50 aircraft. It’s the latest in a series manufacturing gaffes to plague the manufacturer, whose shares fell about 2% before the bell.

In European markets at midday, Germany’s DAX and the CAC 40 in Paris each ticked up about 0.1%.

Britain’s FTSE 100 gained 0.5% after a report showed UK’s unemployment rate dropped to 3.9% in the three months to November, lower than an earlier estimate of 4.2% provided by the Office for National Statistics in January.

Chinese shares again led declines in Asia even after the market regulator in Beijing pledged to crack down on abuses and protect small investors.

The main index in the smaller market in Shenzhen sank 4.4% but then rapidly recovered, bouncing between losses and gains and closing 1.1% lower. The Shanghai Composite index slipped 3.5% at one point and closed 1% lower, at 2,702.19.

On Sunday, the China Securities Regulatory Commission said it would redouble enforcement of measures against crimes such as market manipulation and “malicious” short selling, while guiding more medium and long-term funds into the market.

That move followed others in recent days that appear to have done little to reassure investors who have been pulling money out of the markets for months. Last week, Chinese stocks capped their worst week in five years.

Comments by former President Donald Trump, who said he might impose a tariff of more than 60% on imports of Chinese goods if he is re-elected, also hurt market sentiment.

Hong Kong’s Hang Seng edged 0.2% lower to 15,510.01.

Tokyo’s Nikkei 225 index climbed 0.6% to 36,354.16.

Australia’s S&P/ASX 200 sank 1% to 7,625.90. South Korea’s Kospi shed 0.9% to 2,591.31.

In other trading, benchmark U.S. crude lost 19 cents to $72.09 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, gave up 4 cents to $77.29 a barrel.

The U.S. dollar rose to 148.59 Japanese yen from 148.40 yen. The euro cost $1.0748, down from $1.0784.

HARRISBURG, Pa. (AP) — The Pennsylvania state courts agency’s website was hit by a cyberattack that did not appear to compromise any data, but left some online systems disabled, officials said Sunday night.

The federal government’s lead cybersecurity agency, the U.S. Department of Homeland Security and the F.B.I. were investigating the attack, Chief Justice Debra Todd said in a statement.

She called it a “denial of service” cyberattack, using the federal government’s description for when attackers “flood the targeted host or network with traffic until the target cannot respond or simply crashes, preventing access for legitimate users.”

The courts agency, the Administrative Office of Pennsylvania Courts, did not immediately identify the attackers or a motive. The agency also didn’t say whether its cybersecurity measures worked as designed or whether the attackers demanded money or a ransom.

Among the disabled online systems were use of use of online docket sheets and an electronic case document filing portal.

The state’s courts remained open, Todd said.

(Matt Drzik/Beaver County Radio)

Another shoplifter was caught by State Police trying to steal groceries from the Franklin Township Giant Eagle on Friday.

According to the police report, the store manager called officers because he had noticed that a man had placed items in his jacket without paying for them and attempted to leave the store. Police arrived on the scene and identified the male suspect, who had admitted to trying to steal the groceries valued at $27.22.

This is the second such recent incident of shoplifting at the Giant Eagle located at 289 Route 288 in Franklin Township, following an arrest in late January on the attempted theft of two energy drinks.