U.S. Stocks Trim Losses as Shares of Utilities, Energy Companies Advance
U.S. stocks pared losses as gains in utilities, consumer-staples and energy companies helped offset declines in technology shares following lower-than-estimated results at Oracle Corp.
The Standard & Poor’s 500 Index slipped 0.1 percent to 1,239.6 at 2:50 p.m. in New York after losing as much as 1 percent earlier.
To contact the editor responsible for this story: Michael P. Regan at firstname.lastname@example.org
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.