Snapshot: With little to drive them up, stocks slip


Lacking big news or earnings reports — other than a long-awaited Men’s Wearhouse-Jos. A. Bank deal and GM’s auto-recall troubles — investors found little to get excited about, and stocks slipped lower a second day in a row. ‘We’ve had such a nice run, I think you’re seeing people take some profits,’ TD Ameritrade’s J.J. Kinahan said. Last week, the market set three record highs. But on Tuesday nine of the 10 S&P 500 sectors fell, led by energy stocks. McDonald’s had the biggest gain among companies in the S&P 500, rising nearly 4% as it rebounded after having slumped a day earlier on worries about a sales slowdown at its US restaurants.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

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