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.
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