U.S. Stocks Erase Drop as Oil���s Loss Drive Up Consumer Companies

loss since April 29 to 9.9 percent, boosting optimism carriers��� costs will fall. Exxon Mobil Corp. and ConocoPhillips dropped more than 1.4 percent. General Motors Co. slumped 2.3 percent after saying that Chinese vehicle sales declined. The S&P 500...