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Wall Street falls as Goldman, J&J weigh

Reuters  |  NEW YORK 

By Chuck MikolajczakNEW YORK (Reuters) - U.S. stocks declined on Tuesday, weighed down by a drop in Goldman Sachs and Johnson & Johnson in the wake of their quarterly results, while geopolitical tensions continued to fuel investor caution. Goldman Sachs lost 4.7 percent to $215.58 after hitting its lowest level since Nov. 29 following earnings that missed expectations as trading revenue dropped. Goldman shares were on track for their biggest daily percentage drop since June 24, a day after Britain voted to leave the European Union. Johnson & Johnson slumped 3.3 percent and was on pace for ...

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First Published: Tue, April 18 2017. 23:51 IST