Stocks edge lower, on track to extend last week`s losses
(WorldNews Business)

U.S. stocks were modestly lower in afternoon trading Monday, on track to extend losses from a broad sell-off last week driven by global growth worries. Investors were weighing new economic data pointing at slower global growth. Bond yields fell, adding to a sharp decline that contributed to a wave of selling last week. Technology companies accounted for much of the decline. Chipmaker Micron Technology dropped 3.4 percent. Financial, communication and health care stocks also pulled the market lower. Synchrony Financial slid 1.8 percent, Twitter slid 1.7 percent and CVS Health gave up 2.7 percent. Consumer discretionary stocks...