Weak oil pulls Wall Street back from record levels

Wall Street retreated from record levels on Wednesday as a drop in oil prices pressured energy stocks and weighed more heavily than a surge in Walt Disney. A rally since late June has taken the S&P 500 up over 6 percent in 2016, as continued low interest rates encourage investors to buy U.S. equities, although many investors are concerned about high valuations. The energy index fell 1.04 percent, hurt by a drop in oil prices after the U.S. government reported a surprise crude stockpile build