Stocks declined Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
Futures tumbled Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
Initial bids for Qwest Communications' long-distance business are below the $2 billion to $3 billion the telecommunications company sought, The Wall Street Journal reported Thursday.