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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jul 30, 2013
Page
8
New York stocks edged lower as investors awaited three key reports this week on economic growth for Q2 and the monthly jobs survey. The S&P 500 slid 6.32 to 1,685.33 as energy and bank shares led losses ahead of Federal Reserve policy news.
New York City fast food workers walked off at McDonald’s Burger King and Wendy’s locations in a Fast Food Forward action demanding a $15 hourly minimum and union rights. Rallies drew hundreds as nationwide actions expand with more strikes planned this week.
The National Association of Realtors says pending home sales declined 0.4 percent to 110.9 in June after a six-year high in May. Slower sales may reflect higher mortgage rates as the market stabilizes.
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