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blue-wave

(4,347 posts)
Thu May 11, 2017, 01:44 PM May 2017

Wall St. on track to record worst day in one month

Source: Reuters

U.S. stocks trimmed losses on Thursday, but were still on track for their biggest one-day fall in nearly a month due to declines in retail and bank shares.

Macy's (M.N) dismal quarterly performance sent its shares tumbling 13 percent, taking a toll on the consumer discretionary sector .SPLRCD, which fell 1 percent with all of its components in the red.

The Dow Jones U.S. general retailers index .DJUSGT was off 1.2 percent. Investors will get more insight into the U.S. retail sector on Friday when the Commerce Department issues its April retail sales report.

Financials .SPSY were off 0.87 percent as losses in Wells Fargo (WFC.N) and Bank of America (BAC.N) weighed.

Read more: http://www.reuters.com/article/us-usa-stocks-idUSKBN1871FE

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Wall St. on track to record worst day in one month (Original Post) blue-wave May 2017 OP
Mostly in comparison because it has been a bizarrely UN-volatile three weeks lately. . nt Bernardo de La Paz May 2017 #1
FWIW elleng May 2017 #2

elleng

(130,827 posts)
2. FWIW
Thu May 11, 2017, 04:34 PM
May 2017

S.&P. 500 2,394.44 –5.19 –0.22%
Dow 20,919.42 –23.69 –0.11%
Nasdaq 6,115.96 –13.18 –0.22%
S.&P. 400 1,727.54 –11.02 –0.63%
S.&P. 600 845.02 –6.29 –0.74%


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