NEW YORK • Stocks are edging lower in early trading on Wall Street, extending a decline from record levels reached at the beginning of August.
Investors were disappointed by a report on retail sales last month that came in weaker than the market expected. The company that owns KFC and Taco bell slumped after reporting that its sales plunged in China last month. Homebuilders slid after interest rates increased in the bond market, which could send mortgage rates higher.
The Dow Jones industrial av...
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