Consumer companies fell as a rebound in oil futures and Treasury yields spurred inflation and mortgage-rate worries.
Shares of electronics retail chain Best Buy fell even after the company boosted its growth projections.
Food processor Hormel Foods cut its sales guidance after running into high fuel costs and a tough consumer environment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.