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Telecomunicaciones y tecnología

Wall Street sinks again on crisis fears


    NEW YORK (Reuters) - Stocks plunged on Tuesday in their fifth straight declining session as fears mounted that the spiraling credit crisis would drag the economy into a deep recession.

    The slide capped the biggest five-day point loss ever for the Dow Jones industrial average. It has lost more than 1,400 points over the past five sessions, nearly 13 percent of its value.

    According to the latest data, the Dow Jones industrial average sank 508.39 points, or 5.11 percent, to end unofficially at 9,447.11. The Standard & Poor's 500 Index lost 60.64 points, or 5.74 percent, to finish unofficially at 996.25, its first close below the 1,000 mark since September 2003. The Nasdaq Composite Index dropped 108.08 points, or 5.80 percent, to close unofficially at 1,754.88.

    (Additional reporting by Ellis Mnyandu; Editing by Jan Paschal)