Stocks closing slightly lower, but managing to hold onto small monthly gains, rising for a second straight month. The Dow gaining 0.3 percent in November.
Today's losses dragging on that number -- the Dow slipping 78 points, the S&P losing 9 points, and the Nasdaq closing lower by 18 points.
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On the biggest day for online shopping, sales are on track for a record high of $3 billion dollars! That's a whopping 14% increase from last year.
Consumers taking to the web puts a giant in the world of e-commerce in the spotlight. Amazon (NASDAQ:AMZN) stock may not be feeling the love yet, but the e-tailer said it's on track to have its biggest cyber monday ever with 500 orders per second.
The brick-and-mortar guys are feeling the sting on a day all about the digital. Apparel retailers in particular seeing the slide – Express (NYSE:EXPR), Sears (NASDAQ:SHLD),Guess (NYSE:GES), JCPenney (NYSE:JCP), and Urban Outfitters (NASDAQ:URBN) all closing in the red.
Supply fears sending oil lower by 10% in the month of November. Oil under pressure as investors don't expect OPEC to cut output at its meeting later this week.
Oil sliding today to settle at $41.65 a barrel.