This taken from Forbes.com:General Electric's chief executive,...

This taken from Forbes.com:

General Electric's chief executive, Jeff Immelt, said the conglomerate, which many consider a proxy for the health of the U.S. economy, is looking to post 2009 earnings in line with its 2008 performance, even if revenue falls. The news, which would seem to indicate the company will need to cut costs aggressively, sapped what had been a strong rally after the Federal Reserve trimmed another half point from interest rates.

He starting speaking at 3.47pm, and within mins the Dow rolled over.