Bloomberg News

U.S. Stocks Pare Losses as Financial Shares Offset Wal-Mart

November 15, 2012

U.S. stocks pared losses as an advance in financial and consumer-discretionary shares tempered earlier market declines after Wal-Mart Stores Inc. (WMT:US)’s forecast missed estimates and lawmakers prepared for budget talks.

The Standard & Poor’s 500 Index fell 0.1 percent to 1,354.08 at 1:37 p.m. New York time, after dropping as much as 0.6 percent.

To contact the editor responsible for this story: Jeff Sutherland at jsutherlan13@bloomberg.net


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Companies Mentioned

  • WMT
    (Wal-Mart Stores Inc)
    • $85.19 USD
    • 0.96
    • 1.13%
Market data is delayed at least 15 minutes.
 
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