25-07-2016 17:24 via news.yahoo.com

Wall St slips from record levels on weak oil prices

U.S. stocks slipped from their record levels on Monday as oil weighed on energy shares and as investors awaited this week's Federal Reserve monetary policy meeting. Oil prices fell to two and a half month lows amid worries that a global glut of crude and refined products would weigh on markets for some time. "Second-quarter earnings have come in stronger than we had expected, but for some reason the markets have chosen to obsess about oil prices today," said Kim Forrest, senior equity research a
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