U.S. stocks slip; Dow gets hit by GE, Philip Morris

Newswire

(Updates to early morning) NEW YORK, Sept 27 (Reuters) - Stocks fell in early morning trade on Friday, pulling the Dow more than 1 percent lower, on bearish investment calls on conglomerate General Electric Co. and a grim forecast from cigarette maker Philip Morris Cos. Inc. . "The market wants to believe in the upside, but it doesn't have enough tangible proof that the earnings picture has turned," said Paul Cherney, chief real-time market analyst at S&P Marketscope. The blue-chip ...

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