Retailers lead US stocks to a second day of modest losses - News Summed Up

Retailers lead US stocks to a second day of modest losses


Retailers led a modest slide in U.S. stocks Tuesday as the market eased back for the second day in a row, pulling it further below record highs set late last week. Several other retailers, including Conn's and Casey's General Stores, also slumped after issuing disappointing quarterly results or outlooks. The Standard & Poor's 500 index fell 6.77 points, or 0.3 percent, to 2,429.33. In energy futures trading, crude oil prices rebounded after an early slide. Brent crude, used to price international oils, added 65 cents, or 1.3 percent, to finish at $50.12 a barrel in London.


Source: ABC News June 06, 2017 14:20 UTC



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