Economics
U.S. Stocks Slip With Crude Weighing on Energy as Year-End Looms
- Commodity shares relinquish a portion of last week's rally
- Amazon leads retailers higher as investors asses holiday sales
How Will Oil Impact S&P 500 Earnings?
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Gains in Amazon.com Inc. and Walt Disney Co. helped U.S. stocks mute declines led by energy shares, as the Standard & Poor’s 500 Index struggled to advance for the year entering the final trading days of 2015.
Energy companies resumed their familiar role as the market’s worst performers, with Chevron Corp. dropping 1.8 percent. Copper producer Freeport-McMoRan Inc. sank 9.5 percent after climbing 24 percent in the prior five sessions. Amazon rose 1.9 percent, helping equities trim losses as investors assessed holiday sales. Disney gained 1.3 percent after “Star Wars: The Force Awakens” surged past $1 billion in worldwide sales.