Wall Street

U.S. stocks pared heavier losses but ended the day in negative territory, as investors grew concerned that corporate tax cuts could come later than expected.

U.S. stocks pared heavier losses but ended the day in negative territory, as investors grew concerned that corporate tax cuts could come later than expected.

Macy's Inc reported a bigger-than-expected drop in third-quarter comparable sales on Thursday as the department store operator struggled with lower foot traffic and stiff competition from online rivals.

Macy's Inc reported a bigger-than-expected drop in third-quarter comparable sales on Thursday as the department store operator struggled with lower foot traffic and stiff competition from online rivals.

The United States' largest homebuilder D.R. Horton Inc reported a better-than-expected quarterly profit and raised it fiscal 2018 revenue and cash flow forecasts, helped by strong demand.

The United States' largest homebuilder D.R. Horton Inc reported a better-than-expected quarterly profit and raised it fiscal 2018 revenue and cash flow forecasts, helped by strong demand.

The S&P and the Dow were flat in early afternoon trading on Wednesday as doubts over a Republican tax plan and the broader outlook for U.S. growth hurt bank shares, while the Nasdaq was slightly higher.

The S&P and the Dow were flat in early afternoon trading on Wednesday as doubts over a Republican tax plan and the broader outlook for U.S. growth hurt bank shares, while the Nasdaq was slightly higher.

Bitcoin surged by 10 percent on Wednesday to hit an all-time high just shy of $8,000 after online reports that an upgrade to the cryptocurrency's software planned for next Thursday had been suspended.

Bitcoin surged by 10 percent on Wednesday to hit an all-time high just shy of $8,000 after online reports that an upgrade to the cryptocurrency's software planned for next Thursday had been suspended.

Snapchat owner Snap Inc on Wednesday revealed that China's Tencent Holdings Ltd has a 12 percent stake in the company, a day after dismal results pummeled the stock.

Snapchat owner Snap Inc on Wednesday revealed that China's Tencent Holdings Ltd has a 12 percent stake in the company, a day after dismal results pummeled the stock.

U.S. health insurer Humana Inc topped Wall Street expectations for third-quarter profit on Wednesday, benefiting largely from strength in its Medicare Advantage business that sells plans to the elderly and the disabled.

U.S. health insurer Humana Inc topped Wall Street expectations for third-quarter profit on Wednesday, benefiting largely from strength in its Medicare Advantage business that sells plans to the elderly and the disabled.