While you were sleeping: IBM, Tesla plunge

Tue, 20 Oct 2015

By Margreet Dietz Oct. 21 (BusinessDesk) - Wall Street slipped as a drop in shares of IBM on disappointing earnings outweighed those that beat expectations such as United Technologies and Travelers. In New York trading at about 1.36pm, the Dow Jones industrial average slipped 0.13 percent, while the Standard & Poor’s 500 Index dipped 0.14 percent, and the Nasdaq Composite Index fell 0.50 percent. In the Dow, declines in shares of IBM and those of Merck, last down 5.8 percent and 1.8 percent respectively, outweighed increases in shares...

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