U.S. stocks declined,
after equities posted their best monthly gain in five, amid
disappointing results from Tyson Foods Inc. and as commodities producers
sank.
The Standard &
Poor’s 500 Index fell 0.4 percent to 2,095.63 at 12:37 p.m. in New York,
near its average price during the past 100 days. The Dow Jones
Industrial Average lost 117.82 points, or 0.7 percent, to 17,572.04. The
Nasdaq Composite Index decreased 0.3 percent.
Commodities dropped
after an official gauge of Chinese manufacturing slid to a five-month
low and Iran said it will be able to bolster crude production within a
week of sanctions ending.
Source: Bloomberg
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