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Wall Street slips on earnings; Apple falls late after results

From reuters.com

U.S. stocks slipped from two-week highs on Tuesday as results and forecasts from companies in sectors including housing and consumer products failed to live up to expectations. Apple (AAPL.O), the largest U.S. company by market capitalization, posted after the bell better-than-expected iPhone sales that however continued a declining trend and shares fell about 2 percent, briefly dragging S&P 500 futures ESc1 to session lows. During the regular session, Whirlpool (WHR.N), down 10.8 percent to $152.09, cited soft demand as it posted lower-than-expected earnings and gave an underwhelming forecast. Sherwin Williams' ... (full story)

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