Staples tumbled 10 percent while Home Depot rose 2.4 percent. Urban Outfitters Inc. fell 4.5 percent after posting first-quarter profit that missed analysts�� estimates.
The Standard & Poor��s 500 Index slipped 0.2 percent to 1,882.26 at 9:36 a.m. in New York.
The S&P 500 climbed 0.4 percent yesterday in one of the slowest trading days of the year as Internet and small companies extended a rebound from last week��s losses. The benchmark index reached an all-time high of 1,897.45 on May 13 before a selloff in small-cap stocks spread to the broader market.
The Russell 2000 Index fell 3.3 percent over three days last week before rebounding 0.6 percent on May 16 and a further 1 percent yesterday. The gauge is 7.8 percent below its record from March. The Dow Jones Internet Composite Index rallied 2 percent over the past two days, trimming is loss for the year to 8.2 percent.
Source : Bloomberg