Stock Market Today: Growth Concerns Get Bears Back on Board
The Wall Street roller coaster remains oiled up and operational as summer hits its stride, with stocks dipping down Wednesday amid a few worrisome signals.
U.S. crude oil futures gushed 2.3% higher, to $122.11 per barrel, after the Energy Information Administration said U.S. crude inventories dropped by 2 million barrels, and gasoline stocks dropped by 800,000 barrels, during the week ended June 3. That helped the energy sector finish ahead of its 10 other counterparts Wednesday, albeit with a mere 0.2% advance.
