News Summary: A stock market rally fizzles

News Summary: Stock market ends slightly lower, ending the longest winning streak since July

Associated Press

WIN STREAK FIZZLES: The Standard & Poor's 500 index edged down 5 points, or 0.3 percent, to 1,683. That ended a seven-day winning streak, the longest since July.

STRONG SEPTEMBER: The stock market has gotten off to a strong start in September, a stark contrast to August, the worst month since May 2012. The S&P 500 is up 3.1 percent.

MOVERS: Lululemon Athletica lost 5 percent to $65.29 after cutting its forecast for sales and profit this year, due partly to a product recall. Pandora Media climbed 12 percent to $23.97 after naming a new CEO. Men's Wearhouse plunged 12 percent to $34.08 after cutting its full-year profit forecast.

Sorry you didn't like this comment. Please provide a reason below.

Are you sure?
Rating failed. Try again.
Request failed. Try again.
We will promote constructive and witty comments to the top, so everyone sees them!
Sorry, we can’t load comments right now. Try again.

    Recommended for You