Stocks dip as Amazon-Whole Foods deal hammers grocery stores

16 Jun by

Stocks dip as Amazon-Whole Foods deal hammers grocery stores

Stocks dip as Amazon-Whole Foods deal hammers grocery stores

NEW YORK (AP) — U.S. stocks are slightly lower Friday as Amazon’s $13.4 billion deal for Whole Foods Market is sending grocery stores, big retailers, and food makers and distributors plunging. Amazon and Whole Foods are both climbing, and energy companies are rising as the price of oil moves higher.

…Read the rest of this story

Source:: https://finance.yahoo.com/news/stocks-dip-amazon-whole-foods-deal-hammers-grocery-143102402–finance.html

By