(Reuters) - U.S. stocks fell sharply for a second day on Wednesday after data showing higher-than-expected labor costs stoked worries about inflation and interest rates.
Energy stocks such as Exxon Mobil Corp. fell and the sector was among the heaviest drags on the S&P 500 after government data showed gasoline stockpiles rose more than analysts had forecast.
Read more at Reuters Africa
Energy stocks such as Exxon Mobil Corp. fell and the sector was among the heaviest drags on the S&P 500 after government data showed gasoline stockpiles rose more than analysts had forecast.
Read more at Reuters Africa
No comments:
Post a Comment