S&P 500 Extends Longest Slump of Year; Treasuries RallyMichael P. Regan and Lu Wang
The Standard & Poor’s 500 Index capped its longest slump of the year as Wal-Mart Stores Inc. told suppliers it was cutting orders, fueling concern consumer spending is slowing. Oil slid for a fifth day, while Treasuries rose as investors watched budget negotiations in Washington.
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