You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Snapshot: Stocks slip a bit amid 2013’s big run-up

Continue reading below

Disappointing earnings news helped push stocks lower. Best Buy plunged 11% as it said extended store hours and price-cutting could squeeze profit. Campbell Soup fell after reporting its profit slumped. The two stocks were the S&P 500’s biggest losers. Yet the index is up 25% so far in 2013, a run-up that has prompted some to call for caution. ‘We’ve had a phenomenal run, particularly in the last few weeks. I wouldn’t be surprised if we would pull back,’ said Alec Young, at S&P Capital IQ. Retailers were a focus Tuesday, but it wasn’t all bad: Home Depot rose 0.9% after it raised its forecast. TJX gained 1%; its income is up 35%.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of