US stocks decline for a second straight day; oil falls

Technology companies led U.S. stocks lower Wednesday, giving the market its biggest loss since early September. Grocery stores and packaged foods and beverage companies also accounted for much of the decline. Energy stocks fell as the price of crude oil closed lower a day after its biggest loss since October. Banks and phone companies eked out modest gains. The latest slide extended the market’s losses from a day earlier and added to its pullback in November.