The consumer staples index , the S&P 500's biggest laggard for 2018, could have further to fall and may even look less appealing as a defensive play in the event the economy turns sour.
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MEXICO CITY Mexican miner and infrastructure firm Grupo Mexico on Friday said in a statement that seven freight train derailments were due to "sabotage" and would cost the company 312 million pesos ($16 million).
FRANKFURT Audi Chief Executive Rupert Stadler said the diesel emissions affair was not over and promised to stay at the helm of the German luxury car maker, a German newspaper reported on Saturday.
GRANITE CITY, Ill. After Donald Trump was elected president in 2016 on a pledge to "Make America Great Again" and revive the country's old industrial heartland, Dave Chrusciel hoped someday to return to his previous job at the steel mill here in this southern corner of Illinois.
The FBI warned on Friday that Russian computer hackers had compromised hundreds of thousands of home and office routers and could collect user information or shut down network traffic.
NEW YORK The S&P 500 and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses were limited by gains in chipmakers and retail stocks.
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