While you were sleeping: Oil slide weighs on Wall St

Thu, 04 May 2017

By Margreet Dietz May 5 (BusinessDesk) - Wall Street seesawed as optimism about better-than-expected corporate earnings offset a decline in energy stocks which dropped with the price of oil. Health care stocks rose after the US House of Representatives approved a controversial health care bill in a narrow victory that will send it to the Senate. The bill, championed by US President Donald Trump, is seen as standing little chance of passing in its current form. Twenty Republicans voted against the bill, and no Democrats backed it, acco...

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