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Investors find little appetite for consumer staples

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.

Recent Business News

Miner Grupo Mexico blames freight train derailments on 'sabotage'

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).

1:51am EDT

Audi CEO says diesel crisis not over and vows to stay on: report

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.

May 25 2018

Trump metals tariffs make Granite City great again, but at what cost?

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.

4:28am EDT

FBI warns Russians hacked hundreds of thousands of routers

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.

Tech, Russia, U.S. May 25 2018

S&P, Dow fall as oil drop hurts energy; chipmakers boost Nasdaq

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.

May 25 2018

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