Wall St. dips in choppy trade; earnings, Fischer in focus



Wall Street inched lower in a choppy session on Monday as an advance in technology and financial stocks offset the effects of lower oil prices and a dip in healthcare stocks.
Investors are also awaiting Federal Reserve Vice Chairman Stanley Fischer's speech at 12:15 p.m. ET (1615 GMT), when he is expected to offer his thoughts on raising interest rates.
With third-quarter earnings reports in full flow this week, investors will be hoping corporate America's profits fare better in the second half of the year than they did in the first.
Earnings of S&P 500 companies are expected to have... read more

 
17 October 2016 in World News, Views: 37
Source: Reuters
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