While you were sleeping: Profit-taking caps advances

Tue, 11 Nov 2014

By Margreet Dietz Nov. 12 (BusinessDesk) - Wall Street slipped, after both the Dow and the S&P 500 climbed to fresh record highs earlier in the session, as investors weighed whether the outlook for corporate earnings justified pushing equities higher still. In afternoon trading in New York, the Dow Jones Industrial Average slipped 0.08 percent, while the Standard & Poor’s 500 Index inched 0.04 percent lower. The Nasdaq Composite Index was steady at 4,651.83. Earlier in the day, the Dow climbed to a record high 17,638.21, while the S&P 50...

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