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[BRIEFING.COM] The major averages have dropped to fresh lows with the Dow Jones Industrial Average (-0.4%) pacing the retreat. Large components like Visa (V 203.39, -2.27) and Nike (NKE 75.81, -0.79) are pressuring the index, trading lower by 1.0% apiece.
Just reported, October business inventories rose 0.7%, which was above the 0.3% increase expected by the Briefing.com consensus. This follows the prior month's revised increase of 0.5%. Nasdaq -0.68 at 4003.13... ... More
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