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Empresas y finanzas

Economic fears and Citi send markets lower


    NEW YORK (Reuters) - Stocks edged lower at the open on Tuesday as mounting fallout from the worldwide economic slump fueled a global sell-off in equities and investors worried about the outlook for Citigroup .

    * Hopes Washington would work speedily on a plea by U.S. President-elect Barack Obama for remaining financial rescue funds to stabilize credit markets provided some support.

    * Investors drew comfort from comments by Federal Reserve Chairman Ben Bernanke that the government could consider buying troubled assets.

    * The Dow Jones industrial average was down 26.76 points, or 0.32 percent, at 8,447.21. The Standard & Poor's 500 Index was down 3.44 points, or 0.40 percent, at 866.82. The Nasdaq Composite Index was down 3.25 points, or 0.21 percent, at 1,535.54.

    (Editing by James Dalgleish)