icon-avatar

Empresas

Empresas y finanzas

Wall Street falls further on profit worry and banks

    NEW YORK (Reuters) - Stocks fell further on Monday, hurt by worries that fourth-quarter earnings reports, which begin with aluminum producer Alcoa Inc later in the day, will show the recession is worsening

    Highlights:

    * The financial sector was the worst performer as concerns of more losses stemming from the credit crisis pulled down shares of Citigroup and JPMorgan Chase .

    * Apple Inc was among the top laggards on the Nasdaq.

    * The Dow Jones industrial average <.DJI> fell 113.02 points, or 1.31 percent, at 8,486.16. The Standard & Poor's 500 Index <.SPX> lost 18.39 points, or 2.07 percent, at 871.96. The Nasdaq Composite Index <.IXIC> gave up 32.12 points, or 2.04 percent, at 1,539.47.

    (Reporting by Deepa Seetharaman; Editing by James Dalgleish)

    WhatsAppFacebookFacebookTwitterTwitterLinkedinLinkedinBeloudBeloudBluesky