Yen falls on rate cut talk; profits hit U.S. stocks
By Caroline Valetkevitch NEW YORK (Reuters) - Speculation that the Bank of Japan could effectively start paying banks to borrow its cash caused the yen to tumble on Friday, while U.S. stocks fell on disappointing profit reports from some top companies. Shares of Google's parent, Alphabet, dropped 5.7 percent to $735.72, a day after it missed Wall Street targets for first-quarter profit and revenue, and shares of General Electric also were down following results. A Bloomberg report that Japan's c
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