
The weekend could not come sooner as investors might need a few days off to recover from the blow dealt to deal stocks and the broader market by General Electric Corp.'s shortfall. GE announced on Friday that it did not meet analysts' first-quarter earnings expectations after its CEO in March assured investors it would make its original projections. The news sparked a sell-off, sending GE's shares down $12.79 to close at $32.05 on the day. The Dow Jones Industrial Average suffered as well on the news, as it lost 256.56 points to close at 12,325.42.
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