Stocks slid Tuesday on Wall Street as investors continued to sell phone company and utility shares. Energy companies rose with the price of oil, but stocks have been in an up-and-down pattern for more than a week. As the dollar weakened, the price of oil rose for the fourth day in a row to sustain a recent recovery. The Labor Department said inflation remained low, as prices paid by consumers were unchanged in July. Brent crude, a benchmark used to price international oils, rose 88 cents, or 1.8 percent, to $49.23 a barrel in London.

Source: New York Times August 16, 2016 14:12 UTC