Showing posts with label energy. Show all posts
Showing posts with label energy. Show all posts

Friday, August 14, 2015

Wall St. ends flat as energy shares drop with oil

U.S. stocks finished flat on Th as a call energy shares offset a rebound in retail sales and stronger-than-expected Cisco results.

The S&P energy index .SPNY born one.4 percent, leading the decline within the S&P five hundred, as U.S. fossil fuel costs softened to a 6-1/2-year low.

The S&P shopper discretionary index .SPLRCD rose zero.6 percent, the foremost among the main ten S&P sectors, however it had been higher earlier.

U.S. retail sales rose in Gregorian calendar month, whereas the trend of weekly idle claims pointed to a alteration job market. the information supported the read the central bank might raise interest rates as early as next month, compensative speculation within the previous 2 sessions that the Fed might wait till Gregorian calendar month to boost rates once China degraded its currency.