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Empresas y finanzas

Stocks open lower on Wal-Mart and retailers


    NEW YORK (Reuters) - Stocks opened lower on Thursday after Wal-Mart Stores Inc posted disappointing December sales and cut its fourth-quarter profit outlook, compounding investors' concerns about the worsening recession.

    Highlights:

    * Many retailers posted disappointing December results; Wal-Mart Stores Inc falls more than 8 percent at the open.

    * The Dow Jones industrial average fell 58.78 points, or 0.67 percent, at 8,710.92. The S&P 500 Index slid 4.44 points, or 0.49 percent, at 902.21. The Nasdaq Composite dipped 6.22 points, or 0.39 percent, at 1,592.84.

    (Reporting by Rodrigo Campos; Editing by James Dalgleish)