U.S. stocks fell for a second day as retailers posted results that disappointed investors while trade data fueled concern the Federal Reserve may begin to reduce its bond purchases this year. Treasuries slid, while the euro gained as reports signaled European economies are recovering.
U.S. stocks fell, giving the Standard & Poor’s 500 Index its biggest decline since June 24, as retailers’ results disappointed and trade data fueled concern the Federal Reserve may reduce its bond purchases this year.
U.S. stocks fell, erasing earlier gains, as the Standard & Poor’s 500 Index failed to hold above its average level from the past 50 days and investors awaited a monthly jobs report and the start of corporate earnings.
The U.S. is about to reimpose tariffs on Bangladesh in response to the country’s failure to improve safety in its factories. The European Union has threatened to follow the U.S.’s lead -- a move that would hit Bangladesh much harder. This punitive strategy is understandable, but there’s a better way to advance a worthy cause.
U.S. stocks fell, with the Standard & Poor’s 500 Index erasing gains after failing to hold above its average level from the past 50 days, while Brazil’s shares sank on concern the economy may shrink. Oil rallied and the yen slid.
Relational Investors LLC’s two activist asset-management funds gained about 25 percent and 33 percent in their fiscal year as campaigns at Hewlett-Packard Co. and Timken Co. rewarded shareholders, a person with knowledge of the performance said.