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Wall Street opens lower on corporate, economic anxiety


    NEW YORK (Reuters) - Wall Street opened lower on Friday, pulled down by worries over corporate profits and outlooks as the global economic slowdown showed no signs of letting up.

    Bellwether General Electric posted a quarterly profit that met expectations but warned of an "extremely difficult" 2009, feeding investor concerns. Shares fell 7.5 percent to $12.47.

    The Dow Jones industrial average was down 151.25 points, or 1.86 percent, at 7,971.55. The Standard & Poor's 500 Index was down 14.82 points, or 1.79 percent, at 812.68. The Nasdaq Composite Index was down 20.99 points, or 1.43 percent, at 1,444.50.

    (Editing by Chizu Nomiyama)