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Monday, May 11, 2015

U.S. Stocks Drop as Energy Shares Retreat the Most Since January

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:59 PM No comments


U.S. stocks declined, after the biggest rally in two months, as Noble Energy Inc. led energy shares to their biggest drop since January.
The Standard & Poor’s 500 Index declined 0.5 percent to 2,105.30 at 4 p.m. in New York, after closing Friday within two points of a record.
Stocks jumped the most since March on Friday after a report showed hiring bounced back in April, signaling companies are confident the economy will recover from a winter slowdown. The gain helped push the S&P 500 up 0.4 percent for the week.
Source: Bloomberg

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