Stocks - Industrials Active as GE, Caterpillar Sink, Honeywell Climbs

Industrials stocks were caught in a tug-of-war in active trading Friday as investors digested President Donald Trump’s latest threats on trade with China and big-name earnings. The S&P Industrial Sector index was up about 0.15% in early-afternoon trading. General Electric (NYSE:GE) was among the biggest big-name losers, falling about 4.7% as of 12:55 PM ET (16:55 GMT). The former Dow component reported a quarterly profit that fell less than expected, pushing the stock higher initially before the bell. But GE stock tumbled as the conglomerate predicted it would make $1 billion less in free cash flow for the year.

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This election year will have a significant impact on long-term indirect tax rules, rates, and risks. More immediately, federal, state, and local tax policymaking, fiscal conditions, and technological disruptions will muddle the short-term indirect tax environment in the United States. This white paper will cover the important tr


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Spotlight

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