Arab Today, arab today wall street falls as retailers caterpillar weigh
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Arab Today, arab today
Arab Today, arab today

Wall Street falls as retailers, Caterpillar weigh

Arab Today, arab today

Arab Today, arab today Wall Street falls as retailers, Caterpillar weigh

New York - SPA

U.S. stocks fell on Tuesday as retailers' shares dropped after earnings from TJX Companies and Staples halted the market's two-day winning streak, Reuters reported. TJX Cos Inc shares slumped 7 percent to $54.34 and ranked as the biggest drag on the S&P 500 after the owner of off-price chain stores TJ Maxx and Marshalls reported lower-than-expected quarterly revenue. Staples Inc tumbled 13.1 percent to $11.64 after the office supply retailer posted first-quarter earnings andWall Street falls as retailers, Caterpillar weigh  forecast a decline in sales in the current quarter. The S&P retail index fell 0.8 percent.

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