Retailers and other consumer companies fell sharply ahead of inflation data.
Shares of fast-food chain Wendy's stock rose after the fast-food chain's quarterly earnings beat expectations.
There were mixed signals from the housing market. Builder D.R. Horton rose after a drop in quarterly sales was not as severe as some investors had feared. Online real-estate brokerage Redfin laid off 13% of its staff and closed its home-flipping unit, saying the operation was both too expensive and too risky to continue.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-09-22 1740ET
