Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

U.S. Stocks Retreat as Shares of Chipmakers, Retailers Slump

June 8 (Bloomberg) -- U.S. stocks declined for a third straight day, erasing an earlier rally, as semiconductor companies dropped after UBS AG said weakness in Europe could hurt shipments and retailers slumped.

The Standard & Poor’s 500 Index retreated 0.5 percent to 1,045.43 at 1:53 p.m. in New York, giving it a 5.3 percent loss since June 3 and wiping out a morning gain of 0.7 percent. Intel Corp., the world’s biggest chipmaker, fell 2.2 percent. Retailers slumped as Talbots Inc. tumbled 8.5 percent.

Link to Company News:{INTC US <Equity> CN <GO>}

To contact the editor responsible for this story: Nick Baker at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.