While you were sleeping: Wall Street falls from record

Wed, 14 May 2014

By Margreet Dietz May 15 (BusinessDesk) - Wall Street slipped from record highs as some investors took the opportunity to lock in profits on a day without immediate impetus to drive valuations higher and disappointing corporate results such as from Deere. With about an hour of trading left in the day in New York, the Dow slid 0.38 percent, the Standard & Poor’s 500 Index fell 0.19 percent, while the Nasdaq Composite Index declined 0.23 percent. Both the Dow and S&P 500 closed at record highs on Tuesday. Shares of IBM and Walt Disney dr...

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