Business

Stocks end a four-day advance as energy slides

Advertisement

A four-day surge in the markets ended Friday as falling commodity prices including gold, brought down energy and mining companies. Signs of a slowing economy rattled commodity markets. Crude oil dropped 2 percent to $91 a barrel as weak US economic reports followed forecasts for weaker oil demand. Sales at US retailers fell in March and companies restocked their shelves at a much slower pace in February than in the month before. A measure of consumer sentiment from the University of Michigan also slumped. The weaker reports pushed traders into the safer Treasurys, sending yields near their lows for the year.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com 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 BostonGlobe.com
Marketing image of BostonGlobe.com