Orders for U.S. business equipment trailed forecasts in Oct.

UNITED STATES factory orders for business equipment were weak in October for a third straight month. / BLOOMBERG FILE PHOTO/TY WRIGHT
UNITED STATES factory orders for business equipment were weak in October for a third straight month. / BLOOMBERG FILE PHOTO/TY WRIGHT
NEW YORK - Orders placed with United States factories for business equipment were weak in October for a third straight month, another sign that momentum is cooling amid risks from the trade war with China. Non-military capital goods orders excluding aircraft - a proxy for business investment - were little changed after a 0.5 percent…

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