New York — US stocks slipped on disappointing earnings reports on Tuesday, while UK shares rose, helped by mining firms, and crude oil prices fell as the US dollar hit a seven-month high. Nine of the eleven sectors in the benchmark US S&P 500 stock index were negative, after poor earnings forecasts from some of the largest companies. General Motors Co shares fell more than 4.7%, despite better than expected third-quarter earnings, amid fears a slowdown in US vehicle sales and a rising US dollar will undercut international profits. Caterpillar Inc also reported a sharply lower quarterly profit on slow sales, driving its stock price down 1.4%. Manufacturer 3M fell 3.0% to $165.87 after the maker of Scotch tape and Post-it notes trimmed its full-year revenue and earnings forecasts for the second time. "We’ve had some mixed earnings today and the market right now is digesting earnings and positioning itself ahead of the Fed meeting next week," said Jeff Zipper, managing director for inv...
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