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MARKET SNAPSHOT: U.S. Stocks Stall After Record-setting Run

U.S. stocks stalled early Wednesday as investors took a break after a string of record-setting gains.The Dow Jones Industrial Average (DJI) fell 12 points to 15,044 after closing above 15,000 for the first time on Tuesday.The S&P 500 index (SPX) inched up 1 point to 1,627. On Tuesday, it closed at a record for the fourth straight session.The Nasdaq Composite (RIXF) drifted up 5 points to 3,402.Top gainers included Electronic Arts, Whole Foods, DaVita Healthcare Partners(DVA) and McKesson (MCK) ."I think investors are holding their breath to see if next week's retail sales and U.S. industrial production data will confirm the economy is pointing the right direction and picking up steam," said Sam Stovall, chief equity strategist at S&P Capital IQ.China swung to a trade surplus in April, data that came in better than economists expected and which could ease some concerns over growth in the country. Of course, the data has also been volatile, and there has been some skepticism over its acc...

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  1. McKesson Net Down 50% Amid Lower Revenue

    McKesson Corp.'s (MCK) fiscal fourth-quarter earnings fell 50% as the medical-products distributor's revenue fell and operating expenses rose.McKesson has seen reven...

  2. McKesson 4th-Quarter Net Down 50% Amid Lower Revenue, Higher Costs

    McKesson Corp.'s (MCK) fiscal fourth-quarter earnings fell 50% as the medical-products distributor's revenue fell and operating expenses rose.McKesson has seen reven...

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    New highs in the stock market provided a stellar backdrop for companies selling large bond issues, as the Royal Bank of Canada (RY) and Berkshire Hathaway Inc.'s (BR...

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