Economics

S&P 500 Trims Quarterly Gain as Small-Cap Shares Slide

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U.S. stocks fell, trimming a seventh straight quarterly gain in the Standard & Poor’s 500 Index, as small-cap and energy shares slumped amid an unexpected decline in consumer confidence.

Energy shares in the S&P 500 tumbled 1.2 percent as oil futures plunged more than 3.5 percent. Ford Motor Co. dropped