FX & CFD trading involves significant risk
Stocks continue to retrace their morning climb. The major equity averages aren't quite back to their morning lows, however.
Sellers' efforts appear to be balanced more toward cyclical plays. In turn, materials stocks are down 1.6%, industrials are down 1.5%, and energy plays are down 1.3%. That said, consumer discretionary stocks have managed to limit losses to less than 1%. Names like Amazon.com (AMZN 213.74, +2.35) and eBay (EBAY 29.07, +0.61), both Internet retailers, have helped the sector remain resilient.
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