Markets Right Now: US stocks waver as crude oil price slumps
NEW YORK — The latest on developments in financial markets (All times local):
11:45 a.m.
Stocks are wavering between small gains and losses in midday trading on Wall Street.
Energy companies slumped Tuesday as the price of crude oil turned lower after a four-day rally.
The Dow Jones industrial average slipped after setting a record high close the day before.
Chipotle Mexican Grill dropped 7 percent after the company’s CEO said the restaurant operator’s turnaround is going slower than expected.