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Apple fell 1.7 percent after a company that makes Coach Outlet its iPhones and iPads said it would effectively Coach Outlet Online raise per-hour wages at its factories in China, Winter Clothes suggesting that manufacturing prices could rise. Shares of BlackBerry Red Bottom Shoes maker Research in Motion Ltd. rose 6.6 percent a day after the Canadian company said it would return to focusing on corporate Red Sole Shoes customers and shake up its management to try to get profits growing again.
Corn prices surged 6.6 percent on news that supplies Red Bottom Heels are tighter than previously thought. Higher corn plus higher oil prices points toward higher food prices. Grocer stocks fell: Supervalu Inc. Louboutins Outlet was down 3.7 percent, and Safeway Inc. fell 1.3 percent.
Best Buy closed down 4.4 percent as investors continued to Christian Louboutins Outlet digest its plan to cut stores and staff as it shifts toward smaller stores in an effort to compete with online retailers.