Markets

Follow stories on Wall Street and the stock and bond markets, primarily the New York Stock Exchange, the Dow Jones Industrials, S&P 500, NASDAQ and foreign exchanges such as FTSE. Topics include 401(k) accounts and mutual funds; investment firms such as Fidelity or Russell Investments; commodities and precious metals such as gold; and oversight by the Security and Exchange Commission.

Stocks extend losses as railroads sink industrial companies

FILE – In this July 5, 2019, file photo trader Benjamin Tuchman works at the New York Stock Exchange in New York. (AP Photo/Mark Lennihan, File) NYJK401 NYJK401

NEW YORK (AP) — U.S. stocks extended their losses into a second day on Wednesday as railroad operator CSX had its biggest drop in 11 years, pulling other industrial companies down with it. Banks also fell as investors worried that lower interest rates will hurt their profits going forward. Investors expect the Federal Reserve to...

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