Friday, 19 February 2016

Wall Street falls, snapping three-day rally; Wal-Mart weighs

Intraday Us Market  update only at:-

Wall Street closed lower on Thursday, ending a three-day winning streak, as Wal-Mart shares dragged on the market after a lacklustre earnings report and oil prices pulled back. Eight of the 10 major S&P sectors finished negative, led by a 0.9 percent decline in energy, which had helped drive the recent rally. 

Wal-Mart Stores Inc fell 3 percent after the world's largest retailer reported a lower quarterly profit and gave a tepid sales outlook. The stock was the biggest percentage loser in the Dow index.

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