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Empresas y finanzas

Wall Street slides on Wal-Mart and retailers


    NEW YORK (Reuters) - Stocks extended losses 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:

    * A slew of retailers reported weak December sales results. Wal-Mart Stores Inc down 8.8 percent to $38.44 as the top drag on Dow, S&P Retail Index slid 1.7 percent.

    * The Dow Jones industrial average was down 92.15 points, or 1.05 percent, at 8,677.55. The Standard & Poor's 500 Index was down 7.19 points, or 0.79 percent, at 899.46. The Nasdaq Composite Index was down 12.24 points, or 0.77 percent, at 1,586.82.

    (Reporting by Chuck Mikolajczak; Editing by James Dalgleish)