November 13, 2015 / 9:25 PM / in 3 years

BUZZ-U.S. stocks: Backpedal

** The S&P 500 index snaps a 6-week winning streak and dips back into the red YTD as selloff in consumer discretionary and energy stocks inflicts heavy damage

** Money managers in US and UK punishing companies that whiff as a tough year for stock picking winds down

** Small caps stumble as SPCY index has its worst week in 3 1/2 years

** Carnage in Main Street retailers Macy’s and Nordstroms overshadows solid reports from J.C. Penney and Michael Kors

** While online retailer would have been a much better bet this year. Chart:

** Fossil loses more than a third of its market value on Friday and Fitbit’s oversized follow-on causes indigestion

** Energy falls the most as the oil glut extends offshore

** Technology sputters as slowing iPhone demand chips away at Apple’s supply chain, and Cisco’s weak forecast weighs

** And investors not hanging around waiting for SunEdison to rise


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