Stocks Slip As Ukraine-Russia Worries Sidetrack Investors, Snapping 3-Day Winning String for Dow, S&P 500

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Stocks drifted lower Thursday, snapping a three-day winning streak for the major averages as investor attention was instead diverted by renewed tensions along Ukraine's border with Russia. Equities pared some of their losses in afternoon trade although most gains for individual companies often evaporated with light profit-taking. Consumer stocks were the worst performers, dragged under by disappointing earnings by several retailers, including Williams-Sonoma ( WSM ), Gordmans Stores ( GMAN ) and Tilly's ( TLYS ). Mining and materials stocks were one of the few winners today, with geo-political worries boosting demand for gold.



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This article appears in: Investing , Commodities

Referenced Stocks: WSM , GMAN , TLYS

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