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Retailers, oil weigh on stocks

Wednesday, November 11, 2015 - 01:27

Wall Street closes lower on a quiet veterans day, weighed down by energy and retailers. Bobbi Rebell reports.

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Atop the mid week trading session ended in the red on pressure from oil companies can break mortar retailers. This bond markets were closed for veterans day each week financial markets overall since late. I'm excited Amazon the online retailer didn't beat this BS and 500 and the NASDAQ industrial stocks also made solid gains. He's stocks like. ExxonMobil and Chevron though are weighed down by a more than 3% drop in oil prices. Which fell to their lowest level since mid September on worries about growing US stockpiles. I sectors chuck self says investors should stay on their nose at the equity markets probably in Iraqi ride the in the years pass even past the Fed. Meetings shares of Apache Corp. fell after Anadarko Petroleum confirmed its offer to buy the company had been rejected. Macy's shares plummeted after the company posted its third quarterly sales declined and slashed its full year sales and profit forecast. That retail I'm over JC Penney shares declined each other company reported third quarter sales that are better than expected. And settled a class action lawsuits. Think of these sales surged 60% compared to last year in China. The Chinese shopping day created by Alan Bobbitt to celebrate singles Friday in an estimated fourteen billion dollars in revenue. And European stocks ended the day higher on well received earnings report.

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Retailers, oil weigh on stocks

Wednesday, November 11, 2015 - 01:27