Wheel Speed Sensor on 2003 Chevrolet Suburban 1500

My ABS light came on in my truck, this caused the vehicle to slow up when I hit a bump or even stall the vehicle on occassion, then the engine the check engine lights comes on and the reading says reduce engine power and the vehicle loses power can the wheel speed sensor on the rear cause this problem.

Asked by for the 2003 Chevrolet Suburban 1500
no ck computer code it will help find problem
1 more answer
I have a 2003 chevy suburban and i had the exact same sympyoms they told me at the dealership it was a throttle body connection cable gone bad that didnt totaly fix the problem they had to change the hold throttle body out.I was thinking they was just trying to make some extra money off me and i still think that but thats what they say is the fix for the problem you and i are having.