Wall Street Recedes, Priceline And Banks Weigh

On Tuesday, Wall Street dipped after a disappointing profit forecast from Priceline, as investors worried that a Republican plan to cut corporate taxes could be watered down. The S&P 500 financial index led the decliners with a 1.4-percent fall. Investors were also nervous about the potential outcome of a Republican plan to cut corporate taxes, unveiled last week. As well as slashing the corporate rate to 20 percent from 35 percent.