Stocks turn lower as energy sector falls 2%

#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto
To get the latest market news check out finance.yahoo.com
US stocks took a leg lower in afternoon trading as investors await the first presidential debate between Donald Trump and Kamala Harris, along with a looming inflation report.
All three major indexes fell by afternoon trading with the Dow Jones Industrial Average (^DJI) leading the day's declines, shedding more than 300 points.
In terms of sectors, real estate (XLRE) was an outperformer as growth in US home prices fell below 5% on weak demand.
Energy (XLE) was the biggest laggard, sinking 2% on the heels of more volatile price action for oil. Oil prices fell to their lowest level since 2021 after OPEC lowered its demand growth forecast in 2024 and 2025.
For more on this article, please visit:
finance.yahoo....