On j. C. Penneys macys and merck. Overall a cautious tone. A fed meeting on Interest Rates begins tomorrow, while widely expected to be a standpat kind of session. The gop will release details of tax bills. Thursday we should learn who the next fed chief will be. Friday brings the latest jobs report. In the middle of it all, apple and facebook will release earnings. Stocks seemed mostly nonplussed on todays news that Paul Manafort and a Business Partner were charged with money launders among other crimes as part of the investigation into the 2016 election. Both men pleaded not guilty. Heres how stocks fared. The dow lost 83 points, merck the biggest loser down 6 after pulling a key cancer drug. The nasdaq slips two, and the s p 500 gave back eight. Stocks took a bit of a dip midday after one media report hinted that the cut in the Corporate Tax rate may not happen at all, at least 23409 al and thats the warmup for the being release. Ylan mui has more. A new report suggests it could inc
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