Stocks and commodities extended declines Wednesday as investors dialed back on riskier assets. Declines are natural after such a strong rally and the peak of earnings season, some investors and analysts said. The S&P 500 fell 0.5% after falling to its lowest close this month on Tuesday, and the Nasdaq Co mposite declined 0.5%. Oil prices fell overnight. Photo: Daniel Acker/Bloomberg NewsLower commodity prices tend to trim investors’ expectations for a rise in consumer prices.
Source: Wall Street Journal November 15, 2017 02:03 UTC