Sarhan in CNBC: Stocks pare losses as oil climbs; transports up 2%

Sarhan in CNBC: Stocks pare losses as oil climbs; transports up 2%

Tuesday, May 17, 2016 1pm EST U.S. stocks held lower in choppy trade Tuesday, with declines in consumer staples and utilities offsetting gains in energy as oil prices climbed. The Dow transports outperformed, holding about 2 percent higher and tracking for its best day since April 13, with Avis Budget leading all constituents higher. “A…