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Thursday, August 11, 2016

U.S. stocks fall mildly remaining on pace for down week as energy weighs

Epic Research Update : US Markets

Oil slide pulls Wall Street back from record levels Wall Street retreated from record levels on Wednesday after a drop in oil prices pressured energy stocks, while shares of Walt Disney surged on its results and an acquisition.

The Dow Jones industrial average declined 0.2 percent to finish at 18,495.66 points and the S&P 500 lost 0.29 percent, to 2,175.49 points. The S&P 500 has hit four record intraday highs this month. The Nasdaq Composite dropped 0.4 percent to 5,204.59.

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