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Wall Street pulled lower by GE, energy shares


By Sruthi Shankar(Reuters) - U.S. stock indexes were lower on Tuesday after GE shares 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 0.7 percent and ConocoPhillips was down 2.5 ...

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First Published: Tue, November 14 2017. 23:24 IST