Crude Oil Moves Higher; Owens & Minor Shares Plummet
1. Owens & Minor, Inc. shares dropped 32% after disappointing revenue forecasts. 2. Overall U.S. stock market saw declines, impacting investor sentiment broadly. 3. Consumer staples outperformed while information technology struggled, affecting stock rotation. 4. Construction spending rose 0.5%, indicating economic growth but not directly influencing OMI.