News Summary: Stocks drift lower for fifth day

Published on NewsOK Modified: December 5, 2013 at 4:06 pm •  Published: December 5, 2013
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FED FRET: The stock market drifted lower for a fifth day Thursday, matching its longest losing streak since September. Investors are concerned that signs of improvement in the economy will prompt the Federal Reserve to end its stimulus sooner, rather than later.

BATTLEFIELD BLOW: Gaming company Electronic Arts was the biggest decliner in the Standard & Poor's 500 index. The stock's fall followed reports that the company had been forced to delay future games from one of its developers due to ongoing problems with its Battlefield 4 game.

DISCOUNT BOOST: Dollar General was a bright spot for the market on a down day. The discounter's stock jumped after it posted earnings that beat Wall Street's expectations. It also said it boosted its stock repurchase authorization by $1 billion.



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