While you were sleeping More signs of US weakness

Thu, 18 Apr 2013

By Margreet Dietz April 19 (BusinessDesk) - Wall Street dropped on disappointing earnings from companies including Morgan Stanley and eBay as well as the latest economic indicators suggesting a slowdown in the pace of the recovery. Shares of Morgan Stanley and eBay fell, last down 4.7 percent and 5.4 percent respectively, as they posted results that fell short of expectations. So did UnitedHealth Group, sending its shares 3.7 percent lower. Google is set to report results after the closing bell. The latest economic data were not encouraging...

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