US stocks slip as energy companies and banks skid

30 May by

US stocks slip as energy companies and banks skid

US stocks slip as energy companies and banks skid

NEW YORK (AP) — U.S. stocks are lower Tuesday as energy companies once again slump with the price of oil and banks slide in tandem with bond yields and interest rates. Technology companies and consumer-focused companies continue to climb and Amazon.com briefly surpassed $1,000 a share for the first time. The losses threaten a seven-day winning streak for major stock indexes.

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Source:: https://finance.yahoo.com/news/us-stocks-start-lower-energy-companies-banks-skid-142458350–finance.html

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