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Market recap: Stocks posted their fifth decline in seven days, weighed by a downbeat durable...

Market recap: Stocks posted their fifth decline in seven days, weighed by a downbeat durable goods report and weakness in overseas markets. Materials and energy stocks topped losers as commodity prices fell sharply; Nymex crude slid 1.8% on a surge in inventories and talk of a release of strategic oil reserves. Treasurys fell slightly after a tepid auction. NYSE decliners led advancers two to one.
Comments (1)
  • Conventional Wisdumb
    , contributor
    Comments (1802) | Send Message
     
    "Stocks posted their fifth decline in seven days"

     

    While true. The S&P was at 1404 seven days ago. I would call that unchanged.
    28 Mar 2012, 04:49 PM Reply Like
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