After rally, earnings gloom takes hold on Wall Street

Epic Research Update : US MarketsEpic Research Update : US Markets
Wall Street fell sharply on Tuesday as investors took gains off the table following a recent rally and ahead of an upcoming quarterly reporting season that is expected to reveal sharply lower earnings.

The Dow Jones industrial average dropped 0.75 percent to end at 17,603.32 and the S&P 500 lost 20.96 points to 2,045.17. The Nasdaq Composite fell 0.98 percent to 4,843.93.


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