Wall Street pulled lower by GE, energy shares | Reuters

Reuters| Tue Nov 14 07:48:43 EST 2017
(Reuters) - U.S. stock indexes were lower on Tuesday after GE plunged for the second straight day and a drop in oil prices hit energy stocks. The industrial conglomerate was on track to record its worst two-day fall since 2009 after its new chief executive on Monday outlined steps to turn it into a smaller, more focused company, surprising some investors. Oil prices dipped more than 2 percent as bullish factors such as ongoing OPEC-led production cuts and Middle East tensions were countered by rising U.S. output. Exxon slipped 0.4 percent, while ConocoPhillips was down 2 percent, weighing the most on the energy sector. With the quarterly earnings season winding down, the market has taken a b..

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