Financial Times | Stocks retreat despite oil price rally Financial Times Wednesday 21:00 BST. US and European stocks gave back some of the previous day's hefty gains even as oil prices climbed to their highest levels since the end of April and copper pulled away from a one-month low. The more cautious mood was reflected ... Dow closes down more than 200 points; retail plunges, posts worst day since 2011 Corporate results weigh on shares; oil rallies US Stocks Decline on Weaker Consumer Earnings |