plosser

Stock Market News for May 21, 2014 – Zacks Investment Research

Benchmarks snapped a two-session winning streak and ended in the red on Tuesday due to declines in retail stocks. Disappointing earnings results by Staples, TJX, Dick’s Sporting Goods and Urban Outfitters led the selloffs. Caterpillar’s disappointing sales figures also weighed on the benchmarks. Meanwhile, investors assessed Philadelphia Fed President Charles Plosser’s comments as the day was devoid of any economic […]