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Getty- Tarabird

Jim Chesko reporting...

Stocks lost ground for a second-straight session, with the Dow Industrials dropping 43 points. The Nasdaq Composite fell 29, while the S&P 500 slipped 5.


Shares of Dave & Buster’s tumbled 22%.  The restaurant and entertainment chain late yesterday reported weaker-than-expected quarterly earnings and revenue and also trimmed its full-year forecast.

Oil futures tumbled today after government data revealed a second-straight weekly rise in domestic crude-oil inventories.  July crude skidded $2.13, or 4%, to settle at $51.14 a barrel - the lowest settlement price in five months.

The slide in oil prices weighed on energy companies.  Stock of Dow components ExxonMobil and Chevron dipped about 1% each.

Word today that New Orleans has been awarded $12.5 million in federal funding to elevate dozens of homes that have repeatedly experienced severe flooding.  Twenty-two of those homes are on the National Register of Historic Places.