While you were sleeping: Earnings disappoint

Tue, 25 Oct 2016

By Margreet Dietz Oct. 26 (BusinessDesk) - Stocks on both sides of the Atlantic slid amid disappointing results from companies including 3M and Caterpillar. Also hurting sentiment was a report showing US consumer confidence weakened more than expected. And oil fell. "We've had some mixed earnings today and the market right now is digesting earnings and positioning itself ahead of the Fed[eral Reserve] meeting next week," Jeff Zipper, managing director for investments at Private Client Reserve at US Bank in Palm Beach, Florida, told Reu...

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