Wall Street dips as McDonald’s, GE extend losses on earnings
By Chuck Mikolajczak NEW YORK (Reuters) – Stocks edged lower on Monday, as earnings from Caterpillar, Halliburton and other major companies pointed to more volatile trading ahead. General Electric , down 2. 1 percent to $21. 29 and McDonald’s Corp , off 1. 2 percent to $98. 66, extended losses from Friday after posting lackluster earnings. Both stocks were declining for the fourth straight day. Wall Street is coming off a week of extreme volatility, with the CBOE Volatility index jumping 24 percent, the biggest weekly gain for the so-called fear index this year. The index was up 2. . . .
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