DHAKA: U.S. stocks fell, halting a seven-day win streak for the Standard & Poor’s 500 Index, as materials producers slid amid growing concern over Syria and investors weighed the prospects for Federal Reserve stimulus cuts.

Barrick Gold Corp. dropped 5.5 percent as the precious metal slumped the most since July. Newmont Mining Corp. (NEM), the largest U.S. gold producer, lost 4.2 percent. Lululemon Athletica Inc. (LULU) tumbled 5.4 percent after cutting its earnings forecast. Walt Disney Co. rallied 2.4 percent after saying it would buy back as much as $8 billion in shares.

Pandora Media Inc. jumped 12 percent to a record after naming digital-advertising veteran Brian McAndrews as its new chief executive officer.
Enlarge image U.S. Stock Futures Little Changed.

Source: Bloomberg.com

BDST: 0445 HRS, SEP 13, 2013
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