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Tuesday, October 24, 2017

Dow snaps 6-day winning streak as GE posts biggest drop in 6 years

Wall-Street
The Dow Jones industrial average closed 54.67 points lower at 23,273.96, as General Electric shares fell 6.3 percent, marking their biggest one-day decline since August 2011.

U.S. stocks fell from record levels on Monday as a decline in General Electric shares weighed on investor sentiment. Wall Street was also gearing up for the busiest week of the earnings season.

The Dow Jones industrial average closed 54.67 points lower at 23,273.96, as General Electric shares fell 6.3 percent, marking their biggest one-day decline since August 2011.


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