While you were sleeping: Earnings disappoint

Thu, 20 Oct 2016

By Margreet Dietz Oct. 21 (BusinessDesk) - Equities on both sides of the Atlantic fell amid disappointing earnings from Travelers and Nestle. In 2.04pm trading in New York, the Dow Jones Industrial Average slipped 0.1 percent, while the Nasdaq Composite Index fell 0.2 percent. In 1.50pm trading, the Standard & Poor’s 500 Index inched 0.1 percent lower. The Dow fell as slides in shares of Travelers and those of Verizon Communications, recently down 5.2 percent and 2.8 percent respectively, outweighed gains in shares of American Express...

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