The Wenatchee World

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Wall Street

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NEW YORK (AP) — Stocks fell Monday for the first time in seven days, ending a run that had pushed the indexes to all-time highs, as investors assessed corporate news. Chemical company FMC fell the most in the Standard & Poor’s 500 index after cutting its earnings forecast for the second quarter due because its Agricultural Solutions unit performed worse than expected in the period.

The stock market has climbed steadily in the last two months amid signs that the economy has recovered its momentum after being disrupted by an unusually harsh winter. Stronger growth should translate into higher corporate profits.

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