US Stocks Veer Higher in Midday Trade; Oil Slides

World News: . []

U.S. indexes rose in afternoon trading Wednesday, led by gains in big technology names, health care companies and retailers. Macy's led a rally among retailers after reporting surprisingly strong results. Consumer goods companies also posted gains. Safe-play stocks like utilities and real estate companies lagged the market. Energy stocks also fell as crude oil prices declined.

Read More: https://www.nytimes.com/aponline/2018/05/16/us/ap-financial-markets.html?partner=rss&emc=rss

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