Wall Street pulled lower by energy stocks, tax plan doubts | Reuters

Reuters| Tue Nov 14 07:00:02 EST 2017
(Reuters) - U.S. stocks slipped on Tuesday as a drop in oil prices hit energy stocks, with uncertainty over Republican tax plans also weighing on the sentiment. Oil prices eased for a third day after rising U.S. output overshadowed some of the optimism that OPEC-led production cuts would tighten the balance between crude supply and demand. The S&P energy index fell 0.76 percent as Range Resources and Baker Hughes led losses in the sector. With the quarterly earnings season winding down, the market has taken a breather after its rally to record highs last week. Investors are waiting for any signs of compromise on U.S. tax policy after Senate Republicans unveiled a plan last week that woul..

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