While you were sleeping: Wall St slips

Thu, 24 Aug 2017

By Margreet Dietz Aug. 25 (BusinessDesk) - Wall Street eased as investors eyed fresh clues on US monetary policy amid concern about the Trump administration’s ability to move ahead with policy reforms notably corporate tax cuts. “Investors are reluctant to get too far out on their skis in terms of buying stocks," Rick Meckler, president of hedge fund LibertyView Capital Management in Jersey City, New Jersey, told Reuters. “Rallies are not extending the way they had when people had more confidence that the Trump agenda, particularly tax c...

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