The stock market is fluctuating near the unchanged mark, in
negative territory. Financials (-0.9%) are acting as the major drag,
with 61% of its components in the red. By comparison, 49% of S&P
500 components are posting a loss.
Shares of Best Buy (BBY 44.28, -1.60) spiked higher in premarket
trading after the retailer reported better-than-expected earnings, but
shares have turned south ahead of the company's conference call. As a
result, the stock is the worst-performing name within the S&P 500
Retailing Index (-1.0%).