While you were sleeping: GE slump weighs on Wall St

Mon, 23 Oct 2017

By Margreet Dietz Oct. 24 (BusinessDesk) - A slide in General Electric shares weighed on Wall Street as investors eyed a slew of corporate earnings slated for release in the coming days as well as fresh clues about progress on the Trump administration’s tax reform plans. “Earnings will be centre stage, and then tax reform,” Ernie Cecilia, the chief investment officer at Bryn Mawr Trust in Pennsylvania, told Bloomberg. “Those are the two, whatever order you want to put them in.” Amazon, Alphabet, Microsoft, Intel and McDonald’s are amon...

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