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Telecomunicaciones y tecnología

Market drops on recovery concern


    NEW YORK (Reuters) - Stocks fell on Thursday as investors worried the economic recovery won't be as quick as previously thought, while a cut of Britain's credit rating outlook heightened worries about the U.S. fiscal condition.

    * The fiscal worries sparked flight across dollar-denominated assets.

    * Based on the latest available data, the Dow Jones industrial average ended unofficially down 129.91 points, or 1.54 percent, at 8,292.13. The Standard & Poor's 500 Index slid 15.14 points, or 1.68 percent, to end unofficially at 888.33.

    * The Nasdaq Composite Index lost 32.59 points, or 1.89 percent, to end unofficially at 1,695.25.

    (Reporting by Ellis Mnyandu; Editing by Jan Paschal)