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Wall St pauses on downbeat earnings; Boeing slips 1% after results

Six of the 11 major S&P sectors were lower


Wall Street was slightly lower on Wednesday after a barrage of lacklustre earnings reports from companies, including AT&T, and Dow component Boeing weighed after revealing a surprise charge in the latest quarter. AT&T fell 2.12 per cent and was the biggest drag on the S&P 500 index after the US No 2 wireless carrier's quarterly results missed estimates. Boeing fell about 1 per cent after it booked a charge related to its troubled KC-46 aerial refuelling tanker. The declines come after the Dow closed at another record high on Tuesday led by gains in industrial giants ...

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First Published: Wed, October 25 2017. 20:09 IST